Just witnessed an impressive bounce on $MUBARAK — price surged from a low of $0.0414 to a high of $0.0606, marking a solid +46.3% move. The volume behind this rally? A massive 816.79M, signaling strong momentum and renewed bullish interest.
My Trade Outlook: Going Long
Entry Zone: $0.0590 – $0.0606
Target 1: $0.0637 (recent 24h high)
Target 2: $0.0680
Target 3: $0.0729 (based on key Fibonacci extension)
Stop-Loss: Below $0.0530
As long as price holds above $0.0590, I’m expecting further upside. Keeping a close eye on volume and potential breakout signals. Momentum looks solid for now.
Let’s see how it plays out!$MUBARAK