$MUBARAK has been swinging back and forth comfortably between 0.11 & 0.16, making it quite predictable. This range of fluctuation clearly hints us towards supply and demand zones, therefore helping us to potentially calculate its next move. After a deep pull, current short term bounce was from local support around 0.13 or just a little below it. Our area of interest is at 0.148. We can go for a long setup with stop loss below the yellow line and target resistanace 0.148 or go for short at 0.148 with stop loss above the top yellow line and target 0.13 or below if you like. Either or these two setups looks promising only if $MUBARAK doesn't plan to dip below the bottom yellow line, if that happens then bearish sentiments may take over and prices may dip below in sharp and fast speeds. Use caution as MUBARAK is highly volatile asset with 4.35% ATR (Average True Range) which is very high, resulting in extremely wild swings!

Short/Long 👇 Buy&Hodl 👉$MUBARAK