MASK/USDT 1-Month Chart Analysis (1M Chart Analysis) 📊
I looked at the larger chart of the MASK coin in the Futures markets (Perp). After a significant, prolonged downtrend, the market is now showing key signs:
1️⃣ Accumulation Zone: The price is below $0.48, very close to the lowest point (All-Time Low of $0.33). This is a suitable area to begin gradually (Long position).
2️⃣ RSI & MACD Signals: Both indicators suggest that the oversold sell-off may still be ongoing, and this month’s green candle shows that buyers (bulls) are starting to regain control.
💡 Trading Plan for Long:
• Entry (Buying): Around $0.47 - $0.48
• Stop Loss (Risk Limit): $0.33 - $0.35 (to protect if lower support breaks).
• Take Profit (Target): $0.53, $0.58, and $0.64.
Warning: Since this chart is 1M (long-term), taking very high leverage is a major risk. Manage your risk!
👇 Somali Crypto Community:
Do you think MASK will make a big rebound from here (bullish reversal)? Share your thoughts in the comments below!
📌 FOLLOW ME so you don’t miss the next market analysis!
#Write2Earn #MASKUSDT #CryptoSomalia #TechnicalAnalysis #FuturesTrading
I looked at the larger chart of the MASK coin in the Futures markets (Perp). After a significant, prolonged downtrend, the market is now showing key signs:
1️⃣ Accumulation Zone: The price is below $0.48, very close to the lowest point (All-Time Low of $0.33). This is a suitable area to begin gradually (Long position).
2️⃣ RSI & MACD Signals: Both indicators suggest that the oversold sell-off may still be ongoing, and this month’s green candle shows that buyers (bulls) are starting to regain control.
💡 Trading Plan for Long:
• Entry (Buying): Around $0.47 - $0.48
• Stop Loss (Risk Limit): $0.33 - $0.35 (to protect if lower support breaks).
• Take Profit (Target): $0.53, $0.58, and $0.64.
Warning: Since this chart is 1M (long-term), taking very high leverage is a major risk. Manage your risk!
👇 Somali Crypto Community:
Do you think MASK will make a big rebound from here (bullish reversal)? Share your thoughts in the comments below!
📌 FOLLOW ME so you don’t miss the next market analysis!
#Write2Earn #MASKUSDT #CryptoSomalia #TechnicalAnalysis #FuturesTrading