$MUBARAK
Alert of Sharp Rise 🟢
Alert of Sharp Rise - New High Towards Resistance, Increasing Momentum! 🚀
Increased to $0.0405, achieving a daily gain of +5.19%, approaching the local high of $0.0407. Strong trading volume for over 12 months and continuous buying pressure above the moving averages (5) and (10) indicates that the bulls are in control of the market. A breakout above the $0.0409 level could trigger a new upward wave.
Trading Setup (Long):
Entry Zone: $0.0398 - $0.0407
Target 1: $0.0433
Target 2: $0.0458
Stop Loss: $0.0372
Why Buy?
The price is approaching the session highs, supported by trading volume for this move. The moving average crossover and higher lows from $0.0376 indicate an upward trend. If the price exceeds $MUBARAK the $0.0409 level, expect a quick move towards an untested resistance level.
Risk Management Advice:
Keep the stop loss at $0.0372
Buy and Trade Here on $MUBARAK
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