$MUBARAK /USDT – BULLISH BREAKOUT LIKELY AFTER CONSOLIDATION ZONE TEST
$MUBARAK /USDT is showing signs of strength following a solid bounce from its 24h low of 0.02393. The price has been consolidating just below the key resistance zone around 0.02550, and bullish pressure is gradually building as evident from increasing volume and tighter bid-ask spreads.
MACD histogram is turning green with a potential bullish crossover developing, indicating growing momentum. EMA indicators on the 1H and 4H charts are aligning upward, and price is now testing the upper BOLL band – a breakout could be imminent.
SAR dots have flipped below the candles, suggesting a trend reversal. If the price closes above the 0.02550 level with volume confirmation, we could see a strong upward continuation.
LONG ENTRY: 0.02540
TP1: 0.02620
TP2: 0.02710
SL: 0.02460
Risk Management: Use only 1-2% of your capital per trade. Always set SL and avoid emotional decisions during volatility.
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