$MUBARAK 💪 BULISH MOMENTUM 💪
📊 Chart & Technical Overview
**Double Bottom / Accumulation Base:**
MUBARAK has formed a textbook double-bottom near $0.032–$0.033, following a prolonged downtrend and descending wedge phase .
Support Zone:
$0.032–$0.034 — multiple bounces in this range confirm accumulation behavior .
Resistance Levels:
Short-Term: $0.0385–$0.039 — recent intraday highs
🎯 Strategy: Buy the Dip & Ride the Bounce
**📍 Entry Zone:** $0.034–$0.035 — accumulating within the support base
**🛑 Stop-Loss:** Below $0.032 — protects against base invalidation
🎯 Targets:
TP1: $0.038–$0.039 (~10–15% upside)
TP2: $0.045–$0.050 (channel breakout & swing gain)
⚠️ Risk Assessment
Risk Factor Management Strategy
Breakdown < $0.032 Stop-loss triggers, exit early
Bounce lacks volume Confirm rally > $0.038 with >$10M volume
Market-wide pullback Reduce size or hedge accordingly
Meme-token volatility Use small, layered entries
🛑 Disclaimer
This is for educational purposes only — not financial advice. MUBARAK is a meme coin on BNB chain: highly volatile. Always DYOR, size positions responsibly, and use stop-losses.
