š $MUBARAK /USDT LONG TRADE SIGNAL
š„ Market Overview:
$MUBARAK surged +10% today, bouncing back strongly after a dip. Price is consolidating above $0.0380 support, showing bullish continuation signs. If momentum sustains, another leg higher is likely toward the $0.0440 ā $0.0460 zone.
š Key Levels:
Support: 0.0380 ā 0.0390
Resistance: 0.0415 ā 0.0450
š Trade Setup (LONG Position Idea):
Entry Zone: 0.0390 ā 0.0400
šÆ Take Profit Targets:
TP1: 0.0415
TP2: 0.0450
š Stop Loss: 0.0365
š” Market Outlook:
If $MUBARAK holds above $0.0380, bulls are in control and price could quickly push toward $0.0450. However, losing $0.0365 support would weaken the setup.
ā” Strategy:
Enter on dips near $0.0390 ā $0.0400.
Take partial profits at TP1 and trail stop toward breakeven.
š Risk Management:
Risk/Reward ā 1:2.5
Stick to 1ā2% risk per trade capital.