I’m watching $MUBARAK because it’s down almost -20% today, with price sliding from 0.04168 down to a low of 0.03320. Right now it’s sitting at 0.03340, holding just above that key low. This kind of sharp selloff often clears weak hands, and if buyers step in, it can create a strong bounce setup from oversold levels.

Trade Setup for $MUBARAK

Entry Point:

I’m looking to enter between 0.03300 – 0.03400, right near the support zone.

Target Points:

🎯 Target 1: 0.03600 (first bounce resistance)

🎯 Target 2: 0.03800 (mid resistance zone)

🎯 Target 3: 0.04100+ (retest of the high if momentum recovers)

Stop Loss:

Below 0.03200 to cut risk if price breaks down further.

Why this works

Price already tested 0.03320 and bounced slightly, proving there’s some demand. Heavy drops like this often set up relief rallies once the selling pressure cools down. With tight risk at support and clean upside targets, this is a high-risk but attractive bounce play.

Let’s go and Trade now $MUBARAK