$MUBARAK 🚀 🚀 UPWARD TREND 🚀
📊 Chart & Technical Overview
Support Structure:
**$0.031–$0.032** – double-bottom and strong demand zone, multiple bounces observed .
Pivot point S1 and weekly range low held near $0.029 .
Resistance Levels:
TP1: $0.035 – recent swing high and resistance boundary .
TP2: $0.040–$0.042 – range top and next structure area .
Indicators:
Moving Averages: 1-day MA panel shows strong sell bias (12 sell vs 1 buy), highlighting heavy downtrend .
Oscillators: RSI ~36, STOCH indicates oversold status—potential bounce trigger .
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🎯 Short-Term Strategy: Buy the Dip
**📍 Entry Zone:** $0.030–$0.031 – anchor at double-bottom
**🛑 Stop-Loss:** Below $0.029 – invalidates base support
🎯 Targets:
TP1: $0.035
TP2: $0.040–$0.042
Tactical Approach:
Accumulate at support zone. Once price breaks above $0.033–$0.034 with volume > $13M, add to position and trail stop under $0.032.
🛑 Disclaimer
This is educational content, not financial advice. Meme tokens like MUBARAK are volatile—always perform your own research (DYOR), use a stop-loss, and trade within your risk tolerance.