$MUBARAK

Based on the 4-hour chart for MUBARAK/USDT provided:

📉 Current Price: 0.03616 USDT

24h High: 0.03946

24h Low: 0.03612

Recent Low: 0.02763

Recent High: 0.04156

MACD Indicator: Bearish momentum building (MACD line < Signal line)

🔍 Technical Analysis:

1. Trend

The trend appears sideways to slightly bullish, but short-term weakness is visible.

Price has pulled back from recent high (0.04156), suggesting resistance at that level.

Support is seen near 0.0352 and 0.0322.

2. MACD

The MACD histogram is slightly negative, and lines are converging — a possible bearish crossover forming.

This suggests short-term bearish pressure unless reversed.

3. Volume

24h volume in $MUBARAK is high at 482M, indicating strong market activity, but USDT volume is relatively lower, which may imply fewer new buyers.

📈 Short-Term Prediction (1–3 Days):

Support Levels:

Strong: 0.0352

Major: 0.0322

Resistance Levels:

Immediate: 0.0388 – 0.0394

Major: 0.0415+

🔮 Likely Scenarios:

If 0.0352 support holds, the price may rebound toward 0.0385 – 0.0394.

If it breaks below 0.0352, it may fall to 0.0322 or even 0.0294 in short term.

Consolidation zone: 0.0352 – 0.0388

🟢 Possible Long Entry:

Around 0.0352 with SL (stop-loss) below 0.0320, TP (take-profit) near 0.039–0.041