MASR: Riding the New Wave to 6 EGPMASR: Riding the Bullish Wave to 6 EGP 🚀**
MASR is forming a strong **ascending triangle pattern**, respecting its **bullish trendline** while consolidating within a key range. The price recently bounced off support and is now pushing higher, showing signs of accumulation.
### **Technical Analysis:**
🔹 The price is holding above the long-term **trendline support**, signaling strength.
🔹 The **triangle pattern** suggests a breakout could be approaching.
🔹 **MACD & RSI are bullish**, indicating growing momentum.
🔹 **Volume Profile** shows strong interest around 4.00 EGP, reinforcing support.
### **Key Levels to Watch:**
📌 **Resistance Levels:** 4.36 – 4.75 EGP → **Breakout Target: 6.00 EGP**
📌 **Support Levels:** 4.00 – 3.46 EGP → **Invalidation below trendline**
A confirmed breakout above **4.75 EGP** could pave the way for a rally toward **6.00 EGP**, following the broader bullish trend. However, patience is key, as price action should be monitored for confirmation.
🚨 **Not Financial Advice – Always Do Your Own Research!** 🚨
What are your thoughts on this setup? 📈🔥
