$MUBARAK /USDT – Potential Bounce in Play!
$MUBARAK is gearing up for a bullish breakout on the 1H chart after defending a key support level near $0.0440.
Price action is starting to turn upward, and momentum is gradually building.
What to Watch:
A breakout above the $0.04575 level could open the doors for a stronger rally. Volume is showing signs of recovery, and a candle close above $0.0460 would likely confirm bullish continuation.
📈 Long Trade Setup:
🔹 Entry Zone: $0.0455 – $0.0457
🔹 Stop Loss: $0.0440
🔹 Targets:
• TP1: $0.0468
• TP2: $0.0480
• TP3: $0.0495
This setup favors bulls if current momentum sustains. Keep an eye on volume and price structure for confirmation.