$MUBARAK /USDT.

šŸŖ™ 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

šŸ“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)

šŸ” Price Structure:

Resistance Levels:

$0.0603 (MA60)

$0.0607 → $0.0612 (order book/depth resistance)

Support Levels:

$0.0600 (psychological and depth support)

$0.0584 (24h low — strong support)

āš 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 $0.0625–$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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