$MUBARAK So, let's dive right in: what has MUBARAK/USDT been up to these past two weeks?
Significant bullish rally (+63.7%)
On April 14, the closing price was 0.02374 USDT (opening price on the 15th: 0.02374 USDT).
Today, it is found at 0.03884 USDT on Binance.
Bottom line: +0.01510 USDT in 14 days, an increase of +63.7% — a real sprint worthy of a Kenyan sprinter!
Volatility worthy of a roller coaster (≈ 57%)
The low point of the period: 0.02325 USDT (April 15); the high point: 0.03661 USDT (April 26).
Amplitude = (0,03661 − 0,02325) / 0,02325 ≃ 57 %.
In other words, buckle up: every day can see over 10% intraday swings!
Volumes in “megaphone” mode
Total cumulative volume (14 days): ≈ 785 million USDT, or a daily average of ≈ 56 million USDT.
Volume peaked on April 24th with 87.5M USDT traded — clearly, whales have appeared!
Technical points to keep in mind
Major support around 0.024 USDT (establishment of April 15–16).
Resistance validated near 0.037 USDT (repeated tests around April 24–26).
Momentum: The short-term moving average (MA 10) crossed the MA 20 upwards around April 20, a sign of a consolidated upward bias.
RSI/MACD indicators: the RSI was flirting with the overbought zone (≈ 70) at the end of the period, so a short breather or strategic pause cannot be ruled out.
Looking towards the horizon
If the price clearly breaks 0.0375 USDT at the daily close, potential target 0.045 USDT (former support turned resistance).
In the event of a pullback, a return to the 0.030–0.032 USDT area would be a natural technical rebound.
In the short term, be wary of abrupt outcomes: we are facing a meme-corner, so the “fear & greed” weighs heavily.
Does all this speak to you? Do you want us to dig into a specific indicator (RSI, Bollinger Bands, etc.) or to detail a mini-Python chart to put it all into images? 🚀
