MASK / TetherUS
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Alikze »» MASK | Bullish Wave 3 or C Scenario - 1W

🔍 Technical analysis: Bullish Wave 3 or C Scenario - 1W

📣 MASKUSDT It is moving in a descending channel on the weekly time frame, which faced selling pressure after a movement cycle in the $7 range and made a zigzag correction to the $1.5 range.

🟢 Currently, due to the upward momentum and movement to the middle area of ​​the channel and the short-term correction, it is again in the supply area with an increase in buyers.

🟢 In the event of a negative reaction in the supply area, it can break the first supply area towards the second supply area with a pullback to the green box area.

💎 Considering the previous movement lag and the second zigzag correction, this movement path can have a 3 or C wave rally up to the marked red box area.

⚠️In addition, the price should not enter the LVL Invalidation range due to the movement lag. Therefore, any price correction can end up to the 3.12 range, and the consolidation above the area strengthens the bullish scenario.⚠️

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