๐ MUBARAK Showing Strong Momentum! ๐ฅ
$MUBARAK is currently setting up nicely between the 50 EMA (0.0444) and 200 EMA (0.0458) on the 4H chart.
๐ After a strong bounce from the 0.0356 level, the price has pushed up with significant volume and is now attempting to consolidate in this critical zone.
๐ If we manage to hold and consolidate above both EMAs, we could be looking at the next leg up towards 0.0600.
โ ๏ธ However, a rejection from this zone might signal the start of a pullback, possibly retesting previous support levels.
Keep an eye on this range โ the next few candles could define the short-term trend! ๐
โค๏ธ Follow and Like for more trading setups and market updates โฅ๏ธ
And If you want, share your opinions and ideas with us in the comments below.๐๐
