$MUBARAK
Summary (TL;DR)
Next Target (Profit Take): 0.03850 - 0.03900
· Major Resistance: 0.03620 (24h High)
· Ideal Entry: 0.03300 - 0.03350
· Stop-Loss: 0.03150Next Target (Profit Take): 0.03850 - 0.03900. Once the resistance at 0.03620 is decisively broken, the next logical target is this zone.
· Major Resistance: 0.03620 (the current 24h high). A break and close above this level with volume would be a very strong bullish signal, opening the path to the next target.
· Ideal Entry: 0.03300 - 0.03350. Instead of buying at the current overbought peak, wait for a pullback to this support zone. This area provided support recently (as seen on the chart) and would offer a much better risk-to-reward ratio.
· Stop-Loss: 0.03150. This level is placed just below the key support of the 24h low (0.03042) and the recent swing low. A break below this would invalidate the bullish pullback thesis.