After a quick vertical gathering during the weekend, the Network Mask price shows signs of cooling as traders evaluate whether the last penetration has legs. As of the writing of this way, the price of the mask network is hovering near $ 2.56, with a marginal decrease of 0.1 % in the past 24 hours. The correction follows a sharp rejection near the resistance area of $ 2.80, which coincides with the main Fibonacci levels on the higher timeline scheme.
The price procedure on June 2 reflects a standardization stage after a very slope step. A decisive few was pushed over $ 2.50 on June 1 to a mask in the peak area, as the bullish momentum is now facing resistance from both structural roofs and weaknesses.
What happens at a mask network price?
The recent increase in the mask network prices arose from the outbreak of the falling safs, which was seen on the graph for 4 hours. This penetration was supported by the strong bullish volume and a clear movement over the demand area from 2.30 to $ 2.40, which was previously crowned up to weeks.
However, PRICE has since formed a descending trend line on the graph for 30 minutes, indicating the early stage distribution. Attempts to recover an area of $ 2.65 – 2.75 dollars have failed twice, indicating the strength of the resistance. The current trading range lies between $ 2.46 support and resistance of $ 2.65, which constitutes a short -term file.
This frequency indicates a temporary stop before the next directional step. The chart is now similar to tightening triangular style, often an introduction to the expansion of volatility.
Indicators indicate a mixed look
RESI random on the graph for 30 minutes currently hovering near 66.12, indicating the signs of cooling after clicking on the peak area. This reflects the short -term exhaustion in momentum ascending, and is in line with the range of price narrowing. Chande Momntum oscillator has slipped into negative lands on -17.00, indicating that the price movement is losing Steam despite continuing to trade near the local high levels.
The MACD index on the same time frame shows a bullish graphic fee that fades, as the signal lines and signal lines are approaching. This confirms the slow upper upward trend, although there is no clear and clear reflection yet.
On the graph for 4 hours, the Ichimoku cloud is still offering a supportive structure, with a price contract over the baseline and the transfer line. However, the pioneering period began to flatten, which may indicate a neutral momentum unless the bulls recovered sooner resistance areas.
Paulinger and EMA structure
Bollinger’s ranges on the graph for 4 hours are still wide, reflecting the last expansion of volatility. The upper range was a dynamic resistance, as the current price is resting near the middle range, about $ 2.56. The closure above this level will support more in the 2.70 – 2.80 dollar region, while the failure to continue may pull the mask towards the support group from 2.35 to $ 2.30.
The price remains above all the main maintenance averages, including 20/50/100/200 EMA on each of the 30- MINUTE charts and 4 hours. 20 EMA is 4 hours at $ 2.35 and is now working as a dynamic support for monitoring. A lounge below this can open the door toward deeper retreat levels.
Why the network price decreases today?
The question can be attributed to the reason why the mask network prices are low to a group of factors. In the first place, artistic exhaustion, after a quick vertical step, led to profits. In addition, momentum indicators weaken, with MACD and RSI chart to flattens in the short term from the areas that are purchased.
There are no main main concerns for decline, which indicates that this is technically uniformity instead of turning in feeling. The broader altcoin morale is still mixed, as traders rotate the capital in late assets after the aggressive Mask.
Main support and resistance levels
MASK is currently pressing inside a small triangle structure, and merchants must monitor a decisive outbreak of this range. The technical levels that must be monitored include:
- Immediate resistance: $ 2.65 and $ 2.78
- Basic support: $ 2.46, followed by $ 2.30 and $ 2.07
- The goal of the upscale collapse: $ 2.90 – $ 3.00 (if the triangle breaks north)
- The risk of the negative side: 2.20 – 2.07 dollars if the triangle fails
On the weekly graph, the Fibonacci 0.5 -dollar re -imitation level remains a medium -term bullish target, while the level of 0.382 at $ 2.38 can serve as insulating in the case of short -term corrections.
Final expectations: Will bulls regain control?
Mask’s Rally has been cooled, but the wider structure remains optimistic as long as the price exceeds $ 2.30 to $ 2.35. The price is now wrapped between trend lines and can see a volatile step while merchants are waiting for a confirmation of collapse or collapse.
In conclusion, while the volatility of the mask network is currently present, merchants must prepare for a possible rise in the momentum as the prices are pressed near the main reflection points. The rest of more than $ 2.65 may indicate the upscale momentum, while the decrease of less than $ 2.30 will indicate short -term twice. Currently, the update of the mask network price indicates caution while deepening the momentum indicators and deepening monotheism.
Mask Network schedule (mask) on June 3, 2025
index | 30 minutes graph | The graph for 4 hours | Daily chart |
direction | Side to a mild landing | Continuing the rise (temporary stop) | Recovery, but to confront rejection |
Rsi | 48.5 (neutral area) | 55.2 (The upcoming power fades) | 61.4 (Moderate bosses) |
MACD | Cross formation is weak | The chart is flattened | Ascending but slowdown |
Ichimoku cloud | The price is near the base line/Kejun | Above the cloud (supportive) | Inside the cloud |
Bolinger domains | Contract | It is still wide (volatile) | The upper domain refusal area |
Ema Cluster | The price is above all the pioneering emas | 20/50 EMA support at $ 2.35 | 100 EMA near $ 2.16 |
Support levels | $ 2.46, $ 2.30, $ 2.07 | $ 2.35, $ 2.20 | $ 2.00, $ 1.82 |
Resistance levels | $ 2.65, $ 2.78, $ 2.90 | $ 2.83 (FIB 0.5), $ 3.00 | $ 3.23 (FIB 0.618) |
prejudice | Watch Breakout of Triangle | Neutrality in favor of ascending over $ 2.35 | Medium -term |
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Source: https://conedition.com/mask-netlork-mask-price-predcast-for-3rd-june-2025/