$MUBARAK Explosive Breakout, Can Momentum Hold?
MUBARAK has surged sharply, trading around 0.0376 with a gain of more than 25% in the past 24 hours. Strong volume has fueled this breakout, pushing price into new highs. The market is now testing immediate resistance levels, where continuation or pullback will be decided.
Key Levels to Watch
• Resistance: 0.0380 – A breakout above this level could extend the rally toward 0.0400 and 0.0425.
• Support: 0.0320 – A breakdown below may trigger a correction toward 0.0300 and 0.0285.
Trade Setup
Bullish Entry
• Breakout above 0.0380
• TP1: 0.0400
• TP2: 0.0425
Bearish Entry
• Breakdown below 0.0320
• TP1: 0.0300
• TP2: 0.0285
Final Note
MUBARAK is showing strong breakout momentum with heavy volume. Watch carefully holding above support levels could fuel continuation, while failure may bring a healthy retracement.