Here’s a quick technical breakdown for $MUBARAK /USDT Perp based on your data:
---
Current Snapshot
Last Price: $0.0234
24h High / Low: $0.0298 / $0.0209
Mark Price: $0.0233
24h Change: -21.21% (strong downward pressure)
Volume (MUBARAK): 5.01B
Volume (USDT): $124.94M
---
Moving Averages
MA(7): $0.0231 (currently trading slightly above – minor bounce)
MA(25): $0.0239 (close resistance)
MA(99): $0.0257 (major trend resistance)
---
Key Levels
Support
$0.0220 – $0.0209: Strong demand zone (recent low)
Below $0.0209 = potential freefall or liquidity hunt
Resistance
$0.0239 – $0.0250: Immediate resistance (MA25 zone)
$0.0268 – $0.0283: Reversal zone (likely profit-taking area)
---
Trade Idea: High-Risk Scalper Long
If you're looking for a short-term bounce play:
Entry: $0.0230 – $0.0221
SL: $0.0205
TP1: $0.0239
TP2: $0.0250
TP3: $0.0268
> Only if volume stays strong and price respects the $0.021 area.
---
Bearish Setup (Continuation)
If you want to short into the trend:
Entry: $0.0240 – $0.0250
SL: $0.0260
TP1: $0.0221
TP2: $0.0209
TP3: $0.0195 (if big drop comes)
---
Bias: Bearish but short-term oversold bounce possible
Price is in downtrend but near short-term support, and a bounce toward MA(25) could happen before more selling. Risk tightly controlled trades only.
Do you want a visual chart or trendline drawn out for this one?
#Mubarak还会振作起来吗 #mubarak迷因王 #BinanceAlphaAlert #WhaleMovements #Write2Earn