The $MASK /USDT pair is experiencing a strong bullish surge on the 15-minute chart, currently trading at 3.174, marking an impressive 20.73% increase over the past 24 hours. This upward momentum has propelled the price close to its recent high of 3.199, which stands as a key resistance level. Should MASK break through this resistance, it could open the door for further gains as more buyers jump in.
On the downside, immediate support is observed around 2.915, offering a safety net if the price faces a pullback. For an ideal entry, traders might consider initiating positions near 3.150, just below the current price, to ride any continuation of the bullish trend.
Profit-taking targets for this setup could be spaced out at TP1: 3.250, TP2: 3.350, and TP3: 3.450, allowing for incremental profit opportunities as the price advances. Meanwhile, a Stop Loss (SL) around 2.850 is advisable, positioned below the support to manage risk effectively.
With momentum indicators pointing toward bullish strength, this trade setup offers a favorable risk-reward ratio, especially if MASK sustains its upward trajectory beyond resistance. Traders should stay vigilant, as high momentum can lead to swift changes in price action.
