$MUBARAK Bullish Momentum Building Near Key Resistance! šš
$MUBARAK is trading at 0.03908 (+5.42%), approaching its 24H high of 0.03911 after a steady upward climb from the 0.03580 support zone. The current price action shows strong buyer interest and consistent higher lows, signaling sustained bullish momentum.
Support and Resistance
⢠Resistance: 0.03920 ā 0.03950 ā 0.04000
⢠Support: 0.03860 ā 0.03820 ā 0.03780
Trade Setup
⢠Entry Zone: 0.03890 ā 0.03910
⢠Stop Loss: 0.03840
šÆ TP1: 0.03920
šÆ TP2: 0.03950
šÆ TP3: 0.04000
Market Insights
$MUBARAK is showing signs of a breakout attempt with volume support. If buyers push through the immediate resistance, we could see a quick rally toward the 0.04000 mark. Traders should monitor for a confirmed breakout candle with strong volume for a high-probability entry.