📊 $MUBARAK /USDT – Waking From the Shadows?
🕓 4H Chart | 💰 Current Price: $0.0374 (−1.06%)
MUBARAK is stirring after weeks of sideways wandering. Volume is creeping back, and price just poked above the MA25 and flirting with the MA99.
🔍 Technical Breakdown:
✅ MA Cross Watch: Price has reclaimed MA25 ($0.0329) and briefly tested MA99 ($0.0351) — a solid bullish development if it holds.
🔄 Recent trend shows a rounded bottom formation — a classic base before bullish continuation.
🔼 Higher lows on the micro timeframes suggest building momentum.
🎯 Key Resistance Targets:
1️⃣ Target 1: $0.0410 – minor resistance from mid-June
2️⃣ Target 2: $0.0475 – consolidation top in early June
3️⃣ Target 3: $0.0580 – breakout region from late May
🛡️ Support Levels:
$0.0350 – MA99 zone and recent breakout base
$0.0320 – previous support turned potential buyback zone
$0.0280 – invalidation area if breakdown resumes
🧠 Outlook:
MUBARAK isn't screaming yet, but it’s definitely whispering a reversal tune. If momentum carries it above $0.041 with solid volume, it may quickly revisit higher zones. Otherwise, another low-volume fade could drag it back to support.
⏳ Eyes on the next 8–12 candles for confirmation of direction.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!