$MUBARAK /USDT BULLISH BREAKOUT SETUP – LONG ENTRY OPPORTUNITY
After a period of consolidation,
$MUBARAK /USDT has shown signs of bullish momentum, confirmed by a strong green candle breaking above recent resistance. The breakout is supported by rising volume and a clean higher low structure, indicating accumulation and renewed buying interest.
The 15m and 1h timeframes show a clear ascending triangle formation, now breached to the upside. The breakout candle closed above the previous high of 0.04043, suggesting continuation. Momentum indicators such as RSI are trending upward without being overbought, and MACD has crossed bullishly above the signal line. Volume spike on the breakout candle adds conviction.
LONG ENTRY ZONE:
Enter between 0.03980 – 0.04020 after confirmation of retest or continuation.
TARGETS:
TP1: 0.04250 – minor resistance zone
TP2: 0.04500 – psychological level and prior rejection point
TP3: 0.04850 – measured move from triangle breakout
TP4: 0.05200 – extension target based on Fibonacci projection
TP5: 0.05600 – macro resistance from previous swing high
STOP LOSS:
SL: 0.03820 – below breakout structure and invalidation level
RISK MANAGEMENT:
Use 1–2% of account per trade. Adjust position size based on SL distance. Trail stop after TP2 to lock in profits and reduce exposure.
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