$MUBARAK 📊 MUBARAK/USDT Trade Setup Analysis

📌 Trade Plan:

Entry Zone: 0.0445 - 0.0465 USDT

Stop Loss: 0.0390 USDT (Below key support)

Targets:

🎯 TP1: 0.0520 USDT

🎯 TP2: 0.0590 USDT

🎯 TP3: 0.0675 USDT

⚖️ Risk-Reward Ratio:

R:R: 1:2.5 (Favorable setup with solid upside potential)

🔍 Technical Breakdown:

Market Structure Shift:

Significant sell-off from 0.20 USDT, followed by consolidation around the 0.045 USDT zone, indicating a potential bottoming structure.

Support & Resistance:

🔻 Key Support: 0.0440 USDT (Tested multiple times with volume support)

🔺 Key Resistance: 0.0520 USDT (Previous rejection zone), followed by 0.0590 USDT.

Volume Profile:

Recent volume spikes during short-term rallies suggest accumulation.

Indicator Analysis:

RSI: Sitting at 23.13 (Oversold, room for upside)

Williams %R: -86.57 (Oversold, indicating reversal potential)

MACD: Slight bearish momentum, but flattening, signaling possible trend reversal.

⚙️ Trade Management:

Stop Loss Adjustment:

Once TP1 is reached, move SL to entry for risk-free trade.

At TP2, consider trailing the stop to 0.0480 USDT.

Monitoring Key Levels:

Watch 0.0520 USDT closely for potential rejection; strong breakout signals continuation.

0.0590 USDT will be the major trend-decider.

💡 Final Thoughts:

Bias: Bullish Reversal 📈

Risk Consideration: If 0.0440 USDT breaks with volume, the setup is invalidated.

Overall View: Strong signs of accumulation with a clear structure shift. Volume-backed, oversold conditions provide a strategic buying opportunity.