$MUBARAK /USDT – Technical Overview

Current Price: $0.0346

24h Change: +3.59%

Exchange: Binance

Category: Seed / Low Cap Token

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📊 Key Trading Metrics

Metric Value

24h High $0.0350

24h Low $0.0306

24h Vol (MUBARAK) 266.82M

24h Vol (USDT) $8.77M

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📉 Price Performance

Timeframe % Change

Today +7.79% ✅

7 Days -14.99% ❌

30 Days -29.53% ❌

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🔍 Technical Summary

✅ Positive Signs:

Price bounced from the 24h low of $0.0306 to hold near $0.0346.

Daily candle is forming a reversal wick, indicating possible short-term demand.

⚠️ Caution Points:

Still in a monthly downtrend with nearly -30% losses in 30 days.

Near-term resistance is firm around $0.0350 (daily high).

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🔑 Key Levels

Type Price

Support $0.0330 → $0.0300 (must hold)

Resistance $0.0350 → $0.0375 → $0.0400

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📈 Potential Trade Setup:

🔼 Bullish Continuation Plan

Entry: Above $0.0350 breakout

Targets:

TP1: $0.0375

TP2: $0.0400

Stop Loss: $0.0329 (tight) or $0.0305 (wide swing)

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⚠️ Risk Note:

Volatile token, possibly low-liquidity.

Avoid large capital exposure.

Watch for fake breakouts, confirm with volume.

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