$MUBARAK /USDT Trade Setup
Market Insight:
$MUBARAK has shown strong bullish momentum with an 11.29% daily gain, breaking above the middle Bollinger Band and nearing the upper band. Volume is decent with 343.31M MUBARAK traded in the last 24h, indicating active interest.
Entry:
š¹ Buy Zone: $0.0395 ā $0.0405
(This range is close to the middle Bollinger Band and offers a safer entry if the price pulls back slightly.)
Targets:
šÆ Target 1: $0.0432 (Previous high)
šÆ Target 2: $0.0455 (Projected breakout above Bollinger Band)
šÆ Target 3: $0.0490 (Extended rally target based on momentum continuation)
Stop Loss:
š» $0.0360
(Just below the Bollinger Band lower bound and recent support)
Key Levels:
Support: $0.0365 / $0.0387
Resistance: $0.0432 / $0.0455
Pivot: $0.0395
Pro Tip:
Wait for volume confirmation and RSI strength above 60 on shorter timeframes (15m/1h) before entering. If price consolidates above $0.0415, momentum breakout towards $0.045+ becomes more likely.
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