$MBOX /USDT SHOWS BULLISH MOMENTUM – BREAKOUT IMMINENT

Current Price: $0.0553

24H Change: +14.49%

🔍 TECHNICAL ANALYSIS

$MBOX is showing strong bullish momentum with a recent surge of over 14%. After bouncing from the 24h Low of $0.0476, the price is now consolidating near $0.0553, forming a potential bullish flag – a continuation pattern often signaling an incoming breakout.

KEY LEVELS

Support:

$0.0530 (strong intraday support)

$0.0476 (major swing low)

Resistance:

$0.0600 (first target/resistance)

$0.0640 (24h high & key breakout level)

TRADE SETUP – LONG POSITION

Entry: $0.0550 – $0.0560

Take Profits (TP):

TP1: $0.0600

TP2: $0.0640

TP3: $0.0685 (extension level if breakout confirms)

Stop Loss (SL): $0.0515 (below recent low)

RISK MANAGEMENT

Use proper position sizing – risk only 1-2% of your capital. Wait for confirmation before entering. Manage your SL & TP to maintain a risk-reward ratio of 1:2 or better.

Note: Volume surge (254.82M MBOX) supports bullish move – watch for breakout above $0.0600 for momentum continuation!

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