$MUBARAK Technical 1D Timeframe

Current Price: $0.03282 (+12.94% today)

24h Range: $0.02789 – $0.03306

MACD: Slightly bearish but flattening (MACD: -0.00012, convergence seen)

Recent Trend: Downtrend for weeks, but now showing first green candle after a drop

Support Level: Around $0.029

Resistance Levels:

First: $0.036–0.037

Major: $0.046–0.047

📈 Short-Term Prediction:

Bias: Mildly Bullish (short-term bounce)

Next Resistance Test: Around $0.036 within 2–4 days if momentum holds

If volume sustains: Could push toward $0.040+

Reversal confirmation: Requires break and hold above $0.03696

⏱ When Will It Reach $0.06?

Based on the current technicals:

Short-term (1–2 weeks): Unlikely unless there is a strong catalyst or news.

Medium-term (2–4 weeks): Possible if it breaks $0.047 resistance and volume returns.

Watch for: MACD bullish crossover and increasing volume.