We've been tracking the MASK coin closely and have noticed some interesting movements. The coin attempted a breakout which didn't hold, leading to a sharp decline towards a re-test zone. If this re-test fails to push through, we're likely to witness a further slide into the lower price regions, with the 200 EMA as our primary target. This area will be crucial to watch, as a solid close below could intensify the bearish trend.
We're on the lookout for potential short opportunities upon confirmation of these bearish signals."
We're on the lookout for potential short opportunities upon confirmation of these bearish signals."
Comment:
Nice breakdown of this trend, resulting in a nice follow-up re-test as always! The re-test is showing failed signs as of now, which is good as this would be a confirmation for further movement towards a lower trend here!
Nice breakdown of this trend, resulting in a nice follow-up re-test as always! The re-test is showing failed signs as of now, which is good as this would be a confirmation for further movement towards a lower trend here!
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The re-test failed and resulted in a movement to lower zones here, potentially towards the trend line, of course!