$MUBARAK – Strong rebound from demand zone

Targeting upper range resistance

It has sharply bounced from the lower support near 0.03616, confirming buyer interest in demand.

The price is heading towards the midpoint and looking at resistance at 0.03878 and 0.03996.

A breakout from the current consolidation between 0.03616 – 0.03996 may lead to a bullish continuation if volume supports the move.

Trade Setup:

• Entry Point: 0.03740 – 0.03750

• Stop Loss: 0.03700

• Take Profit:

• TP1: 0.03878

• TP2: 0.03996

Market Outlook:

If bullish momentum continues above 0.03750, MUBARAK may revisit the range highs.

A clean breakout at 0.03996 may open the way for further upside. Keep risk tight.

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