$MUBARAK BREAKOUT OR PULLBACK?
$MUBARAK is trading at $0.0247, trying to push higher after reclaiming key support. While buyers are showing strength, resistance at the local high is capping momentum—for now.
Key Levels to Watch:
• Resistance: $0.02500 – A breakout above this could extend the bullish structure.
• Support: $0.02420 – Holding this level is critical to sustain current gains.
Trade Setup – Bulls Testing the Ceiling:
• Bullish Entry: On a confirmed breakout above $0.02500
• TP1: $0.02580
• TP2: $0.02650
• Bearish Entry: If price slips below $0.02420
• TP1: $0.02360
• TP2: $0.02290
Stop-Loss:
• For long positions: below $0.02410
• For short positions: above $0.02510
Order Book Sentiment:
• Buy Orders: 56.03%
• Sell Orders: 43.97%
Buyers currently dominate, but confirmation from volume and a break above resistance will be key to validate upside momentum.