$MUBARAK /USDT BULLISH CONSOLIDATION — PRICE HOLDING STRONG AFTER SHARP RALLY!
$MUBARAK /USDT is trading at $0.0610, up +18.45% on the day. After an explosive upward move, the price is now moving sideways just below the recent high of $0.0637. This range-bound action suggests a bullish consolidation pattern, with buyers potentially preparing for another breakout if momentum holds above the $0.0600 support level.
Trade Setup:
Long Entry: $0.0600 – $0.0615
Take Profit: $0.0645 / $0.0670
Stop Loss: $0.0582
Market Outlook:
The structure remains bullish as long as $0.0600 is defended. A breakout above $0.0637 could ignite the next leg upward. Traders should watch for a high-volume push to confirm renewed momentum.
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