š $MUBARAK USDT BULLISH REVERSAL IN PLAY ā TARGETING A STRONG UPSIDE
After a sharp rejection from the lows, $MUBARAK USDT is showing a solid bullish reversal pattern. The recent bounce from the support zone at 0.03672 indicates strong buyer presence, and momentum is building up for an upside move towards key resistance levels.
š¹ Trade Setup (Long Entry)
Entry Zone: 0.03840 ā 0.03874
Take Profit 1: 0.04000
Take Profit 2: 0.04156
Stop Loss: 0.03672
š Market Outlook
The pair is recovering from a demand zone with strong bullish candles, showing potential to retest previous resistance levels around 0.04156. Momentum and volume support this reversal setup. However, failure to hold above 0.03840 may trigger a deeper pullback towards 0.03672.
ā ļø Risk Management
Always use calculated position sizing and stick to your stop loss to protect capital.
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