$MASK monthly chart ain't looking good for bulls in my opini | Crypto JK on Binance Square

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$MASK monthly chart ain't looking good for bulls in my opinion.

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$BTC Weekly Chart Pulse Currently at $104,647.04 (-0.93%) as of the posting, continuing decline from recent highs. Weekly chart confirms bearish shift. Price now testing EMA 9 from above. Critical support breakdown imminent. EMAs at 104,923 and 102,173 respectively. Narrowing gap between price and EMAs signals weakening momentum. Selling volume increasing on recent candles. Current weekly showing significant bearish pressure (-0.93%). Volume pattern forming distribution structure. MACD blue line flattening while yellow line rising - bearish crossover approaching. Momentum clearly shifting negative. Histogram contracting further, bearish divergence confirmed as price makes lower high while MACD momentum continues weakening. Resistance: • 111,957 Support: • 104,647 • 102,173 • 100,762 • 96,637 BEARISH IDEA: Breaking below EMA 9 (104,923) confirms weakness. Loss of EMA 21 (102,173) signals trend reversal, targeting 96,637 support. MACD bearish crossover imminent, strengthening downside case. BULLISH IDEA: Requires immediate reversal with strong volume and reclaim of 111,957. Probability diminishing with each negative close. Market showing clear distribution pattern after failed rally. Two consecutive negative weekly candles (-0.37%, -0.93%) confirm selling pressure increasing. Weekly RSI likely turning down sharply from overbought territory.

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If $ARPA break 0.02177, a revisit to the 0.03 zone will be inevitable.

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Trade 153 now live inside the Endurance Hall. 📩 @therealcryptojk

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