Market Overview: Mask Network (MASKUSDT)

• Mask Network rallied from $1.338 to a high of $1.404, closing at $1.394 after a bullish breakout and consolidation.
• Key resistance at $1.403–1.404 appears strong, with price consolidating below this level into the close.
• A 15-minute bullish engulfing pattern formed near $1.37–1.38, confirming a shift in momentum.
• Volatility expanded as price broke above $1.39, with the Bollinger Bands widening.
• Volume surged to $147,514 at the high of $1.404, but has since tapered, suggesting exhaustion.

24-Hour Price Summary

At 12:00 ET on August 13, 2025, Mask Network (MASKUSDT) opened at $1.339, reached a high of $1.404, touched a low of $1.338, and closed at $1.394. Total volume for the 24-hour period was 992,970 units, while turnover (notional value) hit approximately $1,388,000. This reflects a strong and relatively stable bull move after a mid-day consolidation phase.

Structure and Key Levels

The 15-minute chart showed a breakout above the prior resistance at $1.39 and consolidation near $1.403–1.404. A bullish engulfing pattern was visible around $1.37–1.38, suggesting a shift from bearish to bullish momentum. Support levels were identified near $1.375 and $1.357, with the latter acting as a psychological floor during a pullback. Resistance remains at $1.403–1.404, and a successful close above that may trigger a test of $1.41–1.42.

Trend and Moving Averages

The 20-period and 50-period moving averages on the 15-minute chart crossed into bullish alignment after midday, confirming the upward bias. On the daily chart, the 50- and 200-period MAs crossed into a positive divergence, supporting the long-term bull case for Mask Network.

Momentum and Oscillators

MACD crossed into positive territory mid-day, with a strong histogram peak at the $1.403 high. The RSI briefly hit overbought territory (70+) but has since retreated to mid-60s, suggesting continued strength without immediate overbought conditions.

Volatility and Bollinger Bands

Volatility expanded as the Bollinger Bands widened during the breakout phase. The price spent most of the day between the mid and upper bands, with the high of $1.404 nearly touching the upper band. A contraction is expected as the market consolidates near $1.39–1.40.

Fibonacci Retracements

Key Fibonacci levels on the 15-minute chart showed price pausing at the 61.8% retracement level (~$1.395), reinforcing that level as a probable consolidation target. On the daily chart, the 50% retracement (~$1.42) could be a potential target for the next wave of buyers if the current bullish move continues.

Conclusion and Outlook

Mask Network may consolidate in the $1.39–1.40 range before testing the next key resistance at $1.41–1.42. However, bearish corrections could return to test the $1.37–1.38 support zone. Traders should watch for a breakout above $1.403 for confirmation of further gains, but be mindful of divergences in volume and RSI if the rally appears exhausted.