$MUBARAK /USDT Market Snapshot – 1D Chart
Current Price: $0.0533
24h Change: +14.62%
24h Range:
High: $0.0539
Low: $0.0462
24h Volume:
MUBARAK: 487.85M
USDT: $24.43M
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Technical Analysis
MA60: $0.0528 → Current price is trading above MA60, signaling short-term bullish strength
Short-term MAs:
MA(5): 532.75K
MA(10): 557.15K
→ Volume remains strong and consistent — buyer interest remains elevated
Price Action:
Currently consolidating near the local high ($0.0539)
Breakout territory forming above $0.0540
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Key Levels
Support Zones:
$0.0510–0.0520 — prior accumulation
$0.0462 — strong intraday support
Resistance Zones:
$0.0539 — 24h high and potential breakout level
$0.0560–0.0580 — minor resistance cluster from prior price memory
Breakout Confirmation:
Sustained move above $0.0545 with high volume could open path to $0.058–0.060
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Outlook
Bias: Bullish – short term
Momentum Drivers:
Heavy volume and bullish candle structure
Trading near highs with strong buyer support
Risk: Drop below $0.051 could invite short-term selling toward $0.048
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