$MUBARAK /USDT BULLISH BREAKOUT CONFIRMED — LONG ENTRY SETUP AFTER VOLUME SURGE
The 4H chart of $MUBARAK /USDT reveals a textbook bullish breakout following a consolidation range between 0.02940 and 0.03000. Price action exploded upward, piercing multiple resistance levels with strong momentum and volume confirmation. The breakout candle closed above the previous high with a steep incline, suggesting institutional interest or coordinated buying.
Volume surged to 917M MUBARAK, dwarfing prior sessions and validating the move. The breakout aligns with a classic flag-pole structure, and the measured move projects further upside. Fibonacci extensions from the base suggest continuation targets, while RSI remains elevated but not overbought, supporting the bullish thesis.
LONG ENTRY ZONE:
Wait for a retest near 0.03600–0.03700 for optimal entry (prior resistance turned support).
TARGETS:
TP1: 0.04400
TP2: 0.04850
TP3: 0.05200
STOP LOSS:
SL: 0.03280 (below breakout base and volume cluster)
Risk Management:
Use 2% max capital per trade. Adjust position size based on SL distance. Avoid chasing green candles—wait for confirmation and retest.
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