$MUBARAK TECHNICAL REBOUND UNDERWAY AFTER HEAVY SELL-OFF
$MUBARAK has declined sharply, falling from a 24h high of $0.0490 to a low of $0.0414, marking a significant intraday drop of -15.5%. The current price has recovered modestly to $0.0436, reflecting a slight intrabar bounce of +0.23% on the 15-minute chart.
Key Technical Insights:
• Immediate Support Zone: $0.0424 – $0.0430
• Immediate Resistance Zone: $0.0436 (price is testing this level)
If price sustains above the $0.0430 pivot and breaks through $0.0436 resistance with volume confirmation, the next upside targets lie around $0.0448 – $0.0455. However, a rejection could revisit support zones quickly.
