$MUBARAK /USDT – Are the bulls retreating before the next phase? 🔥
Current price: 0.04324 (+16.17%)
$MUBARAK rose near its highest level in 24 hours at 0.04503 before facing short-term resistance. The 15-minute chart now shows consolidation, forming a potential flag pattern. If the bulls regain momentum, a breakout above 0.04480 could push the price towards new levels.
Key levels:
• Support: 0.04220
• Resistance: 0.04503
Trading setup:
• Entry zone: 0.04300 – 0.04480
• 🎯 TP1: 0.04580
• 🎯 TP2: 0.04720
• 🎯 TP3: 0.04880
• Stop loss: 0.04200
Professional tip: Accumulation in low-volume consolidation often leads to explosive moves — stay alert for confirmation of a breakout above resistance!