$MASK has shown clear signs of rejection after failing to sustain the recent pump with a strong bearish reversal candle closing near the lows on elevated volume.
Price has broken below the prior consolidation base confirming aggressive seller dominance as distribution overwhelms the brief upward spike.
This kind of sharp drop below support typically signals strong downside continuation and as long as price remains below the breakdown zone further decline remains highly probable.
Momentum is clearly in favor of bears right now.
Trade Setup (Short)
Entry Range: 0.640 – 0.655
Target 1: 0.600
Target 2: 0.570
Target 3: 0.530
Stop Loss (SL): 0.690
MASK
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