$MUBARAK /USDT trade setup.

🧾 MUBARAK/USDT — Trade Setup (Short-Term)

🔍 Price Snapshot:

Current Price: $0.0491 (▼ -6.83%)

24h High: $0.0532

24h Low: $0.0453

Volume:

MUBARAK: 630.86M

USDT: $30.52M

Trend: Intraday downtrend, but showing volume support near MA60

⚙️ Technical Indicators:

MA60: $0.0490 — price sitting right at this level (critical support)

MA(5): 164,619

MA(10): 267,646 — suggests decreasing momentum

Volume Spike: 1.47M recent bar = sign of liquidity near lows

✅ LONG SETUP (Mean Reversion / Rebound Play)

Scenario: Price bounced off intraday support ($0.0453–$0.0485) and holding MA60.

Entry: $0.0485–$0.0490

Stop-Loss: $0.0450

Target 1: $0.0505

Target 2: $0.0525

Risk-to-Reward: ~1:2+

Trigger: 15m or 1h bullish engulfing candle with volume confirmation.

❌ SHORT SETUP (If MA60 Breaks Down)

Scenario: If price breaks down and closes below $0.0485 with volume.

Entry: $0.0480–$0.0485

Stop-Loss: $0.0500

Target 1: $0.0460

Target 2: $0.0453 (24h low)

🧠 Key Price Levels

TypeLevelMajor Support$0.0453MA60 (critical)$0.0490Resistance$0.0505 → $0.0525 → $0.0532Bullish TriggerBreak above $0.0500 with volumeBearish TriggerBreakdown below $0.0485 on 15m–1h candle

⚠️ Quick Notes

Very high token volume — be cautious of whale-induced volatility

Trade tight stop strategies; this is not a trending setup yet, more of a mean-reversion bounce play

Set alerts around $0.0485 and $0.0505 for actionable moves

Would you like this visualized on a TradingView chart or formatted for a signal bot?

#BinanceAlphaAlert #BinanceHODLerNXPC #SaylorBTCPurchase #Write2Earn #mubarak