$MUBARAK BREAKOUT OR PULLBACK? Sitting on a Knife’s Edge—Brace for Impact!
$MUBARAK is hovering at $0.0235 after sliding -8.56% from its 24h high of $0.0265. The price is consolidating tightly in a narrowing channel with volume touching 698.32M—suggesting something big is brewing. But the order book leans bearish (52.76% sellers), adding pressure to the bulls.
Key Levels to Watch:
• Immediate Resistance: $0.0237
• Immediate Support: $0.0231
This range has become a battleground. A breakout or breakdown could trigger a sharp intraday move.
Trade Setup – Get Ready for a Fast Move
Bullish Scenario:
If price breaks and sustains above $0.0237:
• TP1: $0.0245
• TP2: $0.0256
Bearish Scenario:
If $0.0231 fails to hold:
• TP1: $0.0222
• TP2: $0.0208
Stop-Loss:
• Long SL: $0.0230
• Short SL: $0.0238
$MUBARAK is coiling in a tight squeeze—volume’s there, tension’s high, and breakout energy is building. Wait for confirmation, then move fast.
