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$MUBARAK BULLISH SIGNAL ALERT 📈
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Based on current technical analysis and the chart structure,
$MUBARAK is showing signs of potential bullish continuation after a strong pullback. The price is stabilizing near a key support level.
Current Price: $0.02470
💰 Buy Entry Zone: $0.02400 - $0.02470 (Accumulate in this range)
🎯 TP1: $0.02600 (First major resistance test)
🎯 TP2: $0.02750 (Targeting the previous structural high before the massive wick)
🎯 TP3: $0.03000 (Key psychological and longer-term resistance)
🛡 SL: $0.02350 (Placing the stop loss below the recent 24h low for risk management)
Technical Insight:
The market has shown significant volume on the bounce back from the low. Breaking and holding above $0.02500 could confirm a fresh momentum push toward TP1 and beyond. RSI is currently at a neutral 47.43, suggesting room for upward movement before becoming overbought.
🚨 Risk Management is Crucial! Always use an appropriate Stop Loss and only invest what you can afford to lose. This is not financial advice.
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