$MUBARAK /USDT: Bullish Momentum Builds as Key Resistance Approaches

The $MUBARAK token has been exhibiting strong bullish behavior over the past few days. After rebounding from a solid support level at $0.0315, the price is currently trading around $0.0345, marking a +4.54% increase. ​

Market Analysis:

On the 15-minute timeframe, $MUBARAK demonstrates a bullish structure characterized by higher lows and increasing volume.

The MACD histogram turning positive suggests a momentum shift in favor of the bulls. Additionally, liquidity is building up at $0.0348, indicating a potential resistance level to watch. ​

Binance

Trade Setup

Entry Zone: $0.0320 – $0.0325​

Target 1: $0.0345​

Target 2: $0.0357​

Stop Loss: Below $0.0315​

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