$MUBARAK is showing strong bullish momentum, currently trading around 0.01613 USDT, up +6.75% in the last 24 hours.

After a sharp impulsive move from the 0.0152 zone, price is now consolidating near the highs — a classic sign of strength, not weakness.

On the 1H timeframe, we can clearly see:

Strong bullish expansion candle (momentum ignition)

Higher highs & higher lows forming

Price holding above previous resistance (now support)

This structure suggests continuation is more likely than reversal if volume stays supportive.

📊 Trade Setup (Bullish Continuation)

Entry Zone

0.01590 – 0.01610

(Healthy pullback or minor consolidation entry)

Targets

Target 1 🎯: 0.01650

(Immediate resistance / intraday high retest)

Target 2 🎯: 0.01720

(Range expansion + liquidity zone)

Target 3 🎯: 0.01820

(Momentum extension if breakout accelerates)

Stop Loss

0.01540

(Below structure & impulsive candle base)

Key Technical Notes

Breakout came with strong volume expansion

No major rejection wick at highs → buyers still in control

Consolidation near top = bullish flag behavior

If 0.01630–0.01650 breaks with volume, price can expand fast

Invalidation

A clean breakdown below 0.01540

Loss of bullish structure on 1H

Until then, bias remains bullish.

Bottom Line

As long as $MUBARAK holds above the 0.0158–0.0160 support band, the path of least resistance is upward.

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MUBARAK

0.02051

+1.68%