$MBL /USDT BULLISH REVERSAL SETUP
$MBL has shown a strong reversal from its recent lows with increasing volume and a clean move back into its previous range. The formation of higher lows and strong bullish candles suggests renewed buyer interest. As long as price holds above the newly-established support area, continuation toward upper resistance levels is likely.
• MARKET STRUCTURE: Clear shift from downtrend to recovery with higher-low formation.
• VOLUME CONFIRMATION: Strong buying volume signals sustained momentum.
• KEY ZONES: Price is pressing toward mid-range resistance, indicating potential breakout.
LONG ENTRY
Entry: On support retest or breakout above local resistance
TP1: First mid-range resistance
TP2: Upper resistance zone
TP3: Extended target near the liquidity band
SL: Below nearest swing low support
RISK MANAGEMENT
Keep risk limited to small position sizing, always use SL, avoid chasing moves, and secure profits gradually at each target.
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