$MUBARAK
/USDT Strong Bullish Momentum Continue To FRESH Bounce ššÆā
$MUBARAK is up strong in the last 24h with strong volume (835M tokens traded), indicating speculative interest. Price is consolidating just below the 0.0637 high after a sharp rebound from 0.0499, suggesting potential continuation.
Trade Strategy
Entry Zone:
Buy zone: 0.0590ā0.0605 (current pullback zone)
Breakout entry: Above 0.0638 (requires 15ā30min candle close with strong volume)
Targets:
šÆ Target 1: 0.0637 (24h high retest)
šÆ Target 2: 0.0675 (minor extension)
šÆ Target 3: 0.0720 (momentum breakout)
Stop Loss:
Below 0.0560 (breakdown of short-term trend)
Key Levels:
Support: 0.0560 / 0.0525
Resistance: 0.0637 / 0.0675
Pivot Zone: 0.0600
Pro Tip:
If price fails to break 0.0637 on first attempt, consider adding on dips back to the 0.0580ā0.0590 zone. Use a trailing stop after Target 1 is reached to secure partial profits.
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