Mask Network (MASK) Price Prediction for 3rd June 2025: Bulls Defend Key Support as Rally Pauses Near $2.80 Barrier
After a swift vertical rally over the weekend, Mask Network price today is showing signs of cooling as traders assess whether the recent breakout has legs. As of writing, Mask Network price is hovering near $2.56, down marginally by 0.1% in the last 24 hours. The correction follows a sharp rejection near the $2.80 resistance zone, which coincides with key Fibonacci levels on the higher timeframe chart.
The price action on June 2 reflects a consolidation phase after a steep move higher. A decisive breakout above $2.50 on June 1 propelled MASK into an overbought zone, with bullish momentum now facing resistance from both structural ceilings and weakening indicators.
What’s Happening With Mask Network’s Price?
The recent surge in Mask Network price action originated from a breakout above the falling wedge formation seen on the 4-hour chart. This breakout was supported by strong bullish volume and a clear move above the $2.30–$2.40 demand zone, which had previously capped upside for weeks.
However, price has since formed a descending trendline on the 30-minute chart, s…
The post Mask Network (MASK) Price Prediction for 3rd June 2025: Bulls Defend Key Support as Rally Pauses Near $2.80 Barrier appeared first on Coin Edition.
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Mask Network (MASK) Price Prediction for 3rd June 2025: Bulls Defend Key Support as Rally Pauses Near $2.80 Barrier
After a swift vertical rally over the weekend, Mask Network price today is showing signs of cooling as traders assess whether the recent breakout has legs. As of writing, Mask Network price is hovering near $2.56, down marginally by 0.1% in the last 24 hours. The correction follows a sharp rejection near the $2.80 resistance zone, which coincides with key Fibonacci levels on the higher timeframe chart.
The price action on June 2 reflects a consolidation phase after a steep move higher. A decisive breakout above $2.50 on June 1 propelled MASK into an overbought zone, with bullish momentum now facing resistance from both structural ceilings and weakening indicators.
What’s Happening With Mask Network’s Price?
The recent surge in Mask Network price action originated from a breakout above the falling wedge formation seen on the 4-hour chart. This breakout was supported by strong bullish volume and a clear move above the $2.30–$2.40 demand zone, which had previously capped upside for weeks.
However, price has since formed a descending trendline on the 30-minute chart, s…
The post Mask Network (MASK) Price Prediction for 3rd June 2025: Bulls Defend Key Support as Rally Pauses Near $2.80 Barrier appeared first on Coin Edition.
Read More
Toncoin (TON) Price Prediction for June 2025: Will the Bullish Reversal Hold Above $3.20?