$MUBARAK / Bullish Alert 🔥💯
Bullish breakout in a parallel channel!
The recent breakout indicates a continuation towards higher price levels.
Consistent higher highs and higher lows within the channel, followed by a clean breakout candle with good volume, reflect sustained upward movement.
This confirms strong bullish momentum, with increased volume validating the move.
Breakouts from parallel channels often lead to strong, vibrant movements, with the next resistance area around $0.045.
Keep the stop loss tight below the breakout candle. Avoid entering out of fear above $0.043 — wait for a healthy retest or confirmation of the breakout.
Trade Setup (Long):
Entry: $0.04150 – $0.04200
Targets:
1: $0.04380
2: $0.04520
Stop Loss: $0.04020
Buy and trade here on $MUBARAK
