$MUBARAK /USDT BULLISH REJECTION FROM DEMAND ZONE — READY FOR NEXT LEG UP?
Price action on the $MUBARAK /USDT chart shows a clean bounce from a previously tested demand zone around 0.0490–0.0495, validating it as strong support. After a brief consolidation, the market attempted a breakout, reaching highs near 0.0523 before a slight pullback. Price now holds above the breakout zone and shows early signs of forming higher lows — a key bullish indicator.
Trade Setup:
Entry: 0.0503
Take Profit (TP): 0.0523
Stop Loss (SL): 0.0482
Market Outlook:
As long as the support at 0.0495 holds, bulls remain in control. Watch for increased volume on the next breakout attempt. Breaking above 0.0523 could trigger a stronger rally.
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