Market Overview for Mask Network/Tether (MASKUSDT) on 2025-09-18

• Price surged from 1.26 to 1.337 before retreating to 1.31, indicating a volatile 24-hour range.
• A strong bullish engulfing pattern formed at the open, followed by a bearish reversal toward the close.
• Volume spiked during the bullish phase but faded during the pullback, hinting at potential bearish exhaustion.
• RSI hit overbought levels during the rally, now returning toward neutral territory, suggesting momentum slowdown.
• Bollinger Bands widened during the breakout, with price closing near the upper band, signaling heightened volatility.

The 24-hour session for Mask Network/Tether (MASKUSDT) opened at 1.26 on 2025-09-17 and surged to an intraday high of 1.337, before retreating to close at 1.31 by 12:00 ET. The total volume traded over the 24-hour period was 1,171,445.0 units, with notional turnover reaching $1,489,830.50, reflecting increased liquidity and trader interest in the pair.

On the 15-minute chart, a strong bullish engulfing pattern formed early in the session, which coincided with a volume spike of 58,509.4 units. This signaled strong buying pressure, pushing price toward 1.337. The subsequent bearish correction, however, saw declining volume and a closing price near the midpoint of the day’s range, indicating a potential bearish exhaustion. The 20-period and 50-period moving averages were in a bullish alignment during the rally, with the 50SMA acting as a key support level.

MACD showed a bullish crossover in the early phase, with a strong histogram peak, before turning bearish as the correction gained momentum. RSI peaked at overbought territory (75–80) during the rally and is now returning to neutral ground (~55), suggesting the momentum is slowing. Bollinger Bands expanded during the breakout phase, with price reaching the upper band before retracting, indicating heightened volatility and potential for a mean reversion.

The Fibonacci retracement levels from the recent 1.26 to 1.337 swing suggest critical resistance at 1.323 (38.2%) and 1.308 (61.8%), which have acted as key pivots during the pullback. On the daily chart, the 50DMA and 100DMA are aligned bullish but appear to be under pressure as the pair consolidates below the 1.337 high. A break below 1.305 could trigger further retesting of the 1.285 support level. The next 24 hours will likely see a test of these levels, with the potential for consolidation or a breakout to the downside if short-term momentum fails to recover.