Here’s the technical analysis summary for $MUBARAK /USDT
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Current Price: $0.0601
24h Change: +6.75% (strong bullish recovery)
24h High: $0.0662
24h Low: $0.0551
24h Volume:
MUBARAK: 688.13M
USDT: $41.48M
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Key Technical Levels:
Support:
$0.0598 (nearby support)
$0.0551 (24h low — critical support)
Resistance:
$0.0614 (MA60)
$0.0627 (depth resistance)
$0.0662 (24h high — breakout level)
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Moving Averages:
MA60: $0.0614 → Current price is slightly below
MA(5): 1.60M
MA(10): 1.12M → short-term volume increasing, suggesting stronger buying pressure
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Volume & Momentum:
Current Volume: 247.5K
Strong volume-to-price move, suggesting renewed interest and upward momentum
Holding above $0.0600 indicates buying support at this level
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Outlook:
Price has recovered sharply from the 24h low, showing a strong short-term bounce
Needs to break and hold above $0.0614 (MA60) for a bullish continuation
Resistance at $0.0662 must be watched for profit-taking or potential breakout
Break below $0.0598 could bring it back to test $0.0551
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