đ $MUBARAK BULLISH SIGNAL ALERT đ
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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
đ° Buy Entry Zone: $0.02400 - $0.02470 (Accumulate in this range)
đŻ TP1: $0.02600 (First major resistance test)
đŻ TP2: $0.02750 (Targeting the previous structural high before the massive wick)
đŻ TP3: $0.03000 (Key psychological and longer-term resistance)
đĄ 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.
đš Risk Management is Crucial! Always use an appropriate Stop Loss and only invest what you can afford to lose. This is not financial advice.@Binance BiBi
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