MUBARAKUSDT perpetual futures chart on Binance (15-minute time frame), here’s a detailed technical analysis including support, resistance, trend, and momentum:⸻
1. Price Overview
• Last Price: $0.06606
• 24h Change: +23.73%
• 24h High: $0.06857
• 24h Low: $0.04701
• Mark Price: $0.06603
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2. Trend & Moving Averages (MAs/EMAs)
• EMA(7): 0.06509 – very close to the current price (near-term support).
• EMA(25): 0.06158 – slightly below, acting as stronger support.
• EMA(99): 0.05547 – long-term support area.
• MA(5): 90.1M volume – used for volume average comparison.
• MA(10): 116.7M volume – higher volume MA, indicating sustained activity.
Conclusion: The coin is in a strong short-term uptrend. The price is above all major EMAs, and the angle of the EMAs suggests bullish momentum is intact.
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3. Candlestick Action
• Recent candles are showing small-bodied candles near the top, with some wicks — indicating indecision or consolidation after a strong uptrend.
• The highest wick touched $0.06857, which can now act as resistance.
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4. Volume Analysis
• Volume increased significantly during the price rise (green bars) and is now slightly declining (yellow MA(5) crossing below MA(10)).
• Decreasing volume during consolidation often indicates healthy profit-taking, not necessarily a trend reversal.
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5. Support and Resistance Levels
Resistance Zones:
• $0.06857 (Recent 24h High): Strong short-term resistance.
• $0.07000 (Psychological level): If broken, the next leg up may begin.
Support Zones:
• $0.06500 - 0.06550 (Near-term support): Aligned with EMA(7).
• $0.06150 (EMA25): Key short-term support; losing this may suggest trend weakness.
• $0.05550 (EMA99): Strong long-term support.
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6. Momentum Indicators (from screenshot context)
Though RSI and MACD are not visible, here are general interpretations based on price movement:
• Since the price rose over 23% in a short time, RSI is likely to be near or above 70, indicating overbought conditions.
• MACD is likely in bullish crossover territory, supporting the uptrend.
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7. Overall Sentiment
• Bullish trend, but temporary cooling off/consolidation is underway.
• High volume during the pump indicates strong interest, but now needs support confirmation.
• Watch if $0.06500 holds — a break below that could send the price toward $0.06150.
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Strategy Suggestions
• Bullish Bias: As long as price stays above EMA(25) ($0.06158), dip buying is valid.
• Breakout Trade: Entry above $0.06857, targeting $0.07200 or higher.
• Stop-Loss Zone: Below $0.06000, in case of reversal.
Would you like a more detailed breakdown using RSI/MACD, or a strategy for long/short setups?
