🚨 Attention, MBL/USDT traders!
The 15-minute chart shows an interesting situation for MBL. Currently, we are at $0.002231, and although it has had a slight pullback of -2.70% in the last 24h, watch out for the key levels! The 7-period moving average (MA7) is at $0.002224 and the MA25 at $0.002236, indicating a possible crossover or consolidation in this area.
The 24h volume in MBL is 1.53B, a good figure, but the USDT volume is 3.42M, a bit low for my taste, which could indicate some indecision or, beware!, a possible manipulation to move the price without much effort.
If MBL manages to break and consolidate above the MA25 ($0.002236), we could see a bullish movement targeting the 24h high at $0.002320. That is the level to watch for a possible rally!
However, if it fails to hold and loses the support of the MA7 ($0.002224), we could see a pullback towards the 24h low at $0.002184. Keep a close eye on that level, as it could be an invalidation zone or an entry opportunity if the market supports!
Patience will be key here. The market doesn’t give anything away, and manipulation is real. Analyze well before entering. HODL with your head!
