🌙 $MUBARAK /USDT – Eyeing a Bounce from Local Support!
MUBARAK Holds Key Support – Reversal Potential Brewing
🔹 Price: $0.0413 (▼ -3.73%)
🔹 Sector: Seed
🔹 Status: Monitoring for Rebound
🔹 24h High / Low: $0.0439 / $0.0406
🔹 24h Volume (MUBARAK): 260.66M
🔹 24h Volume (USDT): $10.99M
📅 Timestamp: 2025-06-04 23:00
📊 Order Book Depth (Key Levels):
Resistance: 0.0441 / 0.0439
Current: 0.0413
Support: 0.0406 / 0.0404
📈 Momentum Analysis:
Price retraced to a strong demand zone near $0.0404. If volume returns, a bounce from this level could trigger a mini rally targeting previous highs.
📌 Long Setup:
Entry Zone: $0.0405 – $0.0415
Targets:
T1: $0.0433
T2: $0.0449
T3: $0.0472
Stop Loss: $0.0394 (below key demand)
🔓 Breakout Confirmation: Close above $0.0439 with rising volume
🛡️ Key Support: $0.0404
💡 Pro Tip:
$MUBARAK often shows sharp recovery wicks after sell-offs. Consider setting laddered bids with tight risk for potential scalp setups.
