$MUBARAK Bullish Momentum Building Near Key Resistance! 🚀📈
$MUBARAK is trading at 0.03908 (+5.42%), approaching its 24H high of 0.03911 after a steady upward climb from the 0.03580 support zone. The current price action shows strong buyer interest and consistent higher lows, signaling sustained bullish momentum.
Support and Resistance
• Resistance: 0.03920 – 0.03950 – 0.04000
• Support: 0.03860 – 0.03820 – 0.03780
Trade Setup
• Entry Zone: 0.03890 – 0.03910
• Stop Loss: 0.03840
🎯 TP1: 0.03920
🎯 TP2: 0.03950
🎯 TP3: 0.04000
Market Insights
$MUBARAK is showing signs of a breakout attempt with volume support. If buyers push through the immediate resistance, we could see a quick rally toward the 0.04000 mark. Traders should monitor for a confirmed breakout candle with strong volume for a high-probability entry.