$MUBARAK /USDT 4H Trade Setup
Market Insight:
$MUBARAK is showing minor weakness with a -2.38% decline and price currently trading below its short-term moving averages. The 4H chart reflects consolidation just above the 0.04570 support. The 7 EMA (0.04709) and 25 MA (0.04765) are both above the current price, indicating short-term bearish pressure, but the 99 MA (0.04596) is providing a floor. Volume is decreasing, suggesting indecision or exhaustion.
Entry Zone:
Buy Range: 0.04570 ā 0.04630 (accumulation near 99MA and 4H support zone)
Targets:
Target 1: 0.04830 (near EMA7)
Target 2: 0.04980 (recent supply zone)
Target 3: 0.05150 (local top / 24h high)
Stop Loss:
Below 0.04480 (clean break below 99MA and structure low)
Key Levels:
Support: 0.04570 / 0.04480
Resistance: 0.04830 / 0.04980 / 0.05150
Pivot Level: 0.04765 (25 MA)
Pro Tip:
If price reclaims the 0.04765 level (25 MA) with volume support, expect a momentum shift toward 0.050+. Until then, stay cautious and consider laddered buys within the entry zone.
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