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Mubarak CTO
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1 Like = $1 #mubarak buyback . 1 RT = $1 #mubarak buyback
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TECHNICAL ANALYSIS #MUBARAK 1. Overall Trend: - Strong downtrend from peak $0.20 to bottom $0.0208, followed by recovery. - Price currently forming a cup and handle pattern — a bullish sign if it breaks out of the handle zone. 2. Resistance and Support Levels: - Near-term Resistance: - $0.0613 (24h high) - $0.0907 (pre-dump zone) - $0.1150 (large limit sell price) - Strong Support: - $0.0389 (MA25 line) - $0.0208 (previous bottom) 3. Moving Averages (MA): - MA7 ($0.0558) is above current price => warns of short-term correction. - MA25 ($0.0389) acts as primary long-term support. 4. Volume: - Trading volume surged significantly since early May => signals accumulation and capital inflow. - However, clear profit-taking pressure is present. 5. Market Sentiment: - Sell orders account for 52.04% vs. buy orders (47.96%) => market slightly bearish in the short term. --- CONCLUSION & SCENARIOS: Bullish Case: - If price breaks $0.0613 with sustained volume => short-term targets: $0.09 – $0.115. - Completion of cup-and-handle pattern => strong breakout possible. Bearish Case: - If price falls below $0.0500 and MA25 => retreat to $0.038 or even $0.02. --- Strategy Suggestions: - Short-term: Monitor $0.053 – $0.061 range, wait for clear resistance breakout confirmation. - Long-term: Dollar-cost average (DCA) in $0.035–$0.045 zone if price corrects deeply, targeting $0.09���$0.13.
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Welcome, Mr. President, to Qatar – the dazzling jewel of the Middle East! 🇶🇦 A hub of prosperity, where culture blends with modernity, and the future is written on the land of #Mubarak! ✨
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Gm ☀️☀️!
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#Mubarak is still trending on @CoinMarketCap 🔥
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