$MUBARAK /USDT.
šŖ MUBARAK/USDT Overview:
Current Price: $0.0601
24h Change: -1.96% (minor downtrend)
24h High / Low: $0.0627 / $0.0584
24h Volume: 667.35M MUBARAK / $40.42M USDT
š Short-Term Technicals (15m):
MA60 (60-period Moving Average): $0.0603
Price vs MA60: Slightly below MA60, indicating short-term bearish pressure
Volume: 1.01M (decent activity, but no strong spike)
š Price Structure:
Resistance Levels:
$0.0603 (MA60)
$0.0607 ā $0.0612 (order book/depth resistance)
Support Levels:
$0.0600 (psychological and depth support)
$0.0584 (24h low ā strong support)
ā ļø Trade Outlook:
Bias: Mild Bearish / Range-Bound
Price is compressing just under the MA60 with lower highs.
Breakdown below $0.0600 could see a retest of $0.0584.
A breakout above $0.0612 may shift bias short-term bullish toward $0.0625ā$0.0630 range.
Would you like a scalp trade setup (risk-tight with quick targets), or an idea for swing positioning if the move continues?
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