The current price of $MUBARAK is around 0.055U, situated at the lower edge of a short-term consolidation range. Recent capital inflow is evident, and a good upward structure has formed in the short term, with the overall trend still leaning bullish. Multiple retests of the 0.052U support level have stabilized, indicating strong buying support below, with potential for another push towards previous highs.
🔍 Technical Analysis:
Trend Structure: Currently, MUBARAK is in an ascending channel, with a clear bottom-support structure. Short-term oscillation is gaining momentum and is likely to lead to another breakout.
Support Strength: 0.052U has been tested three times without breaking, with clear bottoming signals and low probability of a breakdown.
Volume Observation: Volume is gently increasing, with clear signs of major players accumulating positions, and concentration of chips is rising.
Although the market is in a strong structure, attention must be paid to the impacts of macro market fluctuations and sudden changes in sentiment. It is essential to set stop-losses strictly, manage positions reasonably, and avoid chasing highs and emotional trading.
MUBARAK is currently in the accumulation phase of an upward cycle, with solid technical support and active capital, providing a foundation for reaching new highs. Accumulate positions on dips for a medium-term hold, targeting 0.072U is feasible!
✅ Operational Strategy Suggestions:
Opening Direction: Near the current price of 0.055U, consider entering long positions in batches.
Risk Control: Set stop-loss below 0.052U; if it effectively breaks down, then watch for short-term weakness.
Target One: Challenge the previous high pressure area at 0.065U.
Target Two: Medium-term target aimed at 0.072U, refreshing new high expectations.
