$MBL /USDT – Oversold Bounce Imminent After Brutal Dump! 🔄
MovieBloc (MBL) just endured a savage -34.9% plunge in 24 hours, slicing from $0.0027 highs down to $0.001371 lows, with volume exploding to 7.57B MBL traded – signaling capitulation and potential exhaustion. The 1D chart shows a classic oversold wick into support near $0.0013, with the RSI likely dipping below 30 (based on recent data trends). This gaming token's bleed looks overdone amid broader altcoin weakness, setting up for a relief rally if buyers defend the $0.0012–$0.0013 zone. Watch for a hammer candle close to confirm reversal.
**Trade Setup (Scalp Long – Low-Risk Rebound Play):**
Entry range: $0.00135 – $0.00140 (current levels or shallow retrace)
Target 1: $0.00150 (+7–11%, quick flip to 24h low)
Target 2: $0.00170 (+21–26%, retest prior support)
Target 3: $0.00200 – $0.00220 (+43–60%, breakout to recent highs)
Stop Loss (SL): $0.00125 (below key support & dump low)
Risk-Reward: 1:3+ on T2, up to 1:5 on extension
**Short-term Outlook:**
Bullish reversal potential if we hold $0.0013, with momentum shifting as volume cools post-dump. Recent data shows MBL hovering around $0.0016–$0.0020 in late Nov 2025, suggesting this dip is a buying opportunity in the decentralized movie ecosystem. Break below $0.0012 flips to deeper bearish retrace toward $0.0010. Overall, sentiment leans toward stabilization and upside test amid altseason vibes.
NFA – Trade smart, size small in this volatility! 🎮
#MBL #MovieBloc #CryptoBounce #AltcoinAnalysis