🌙 $MUBARAK
TRY Shows Steady Climb — Breakout Potential Above ₺1.92 🚀
$MUBARAKTRY has gained over 5% and is holding firm near the top of its daily range. The asset is forming a potential ascending channel, signaling strong underlying demand — especially if it can clear the ₺1.919 resistance.
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🔍 Key Levels:
Resistance: ₺1.919 (24h High)
Support: ₺1.822 and ₺1.767
Current Price: ₺1.871
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📈 Long Trade Setup:
Entry Zone: ₺1.865 – ₺1.880
Take Profit Targets:
• TP1: ₺1.919
• TP2: ₺1.950
• TP3: ₺2.000
Stop Loss: ₺1.820
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📉 Short Setup (If Breakdown Occurs):
Trigger: Break below ₺1.767
Targets:
• TP1: ₺1.730
• TP2: ₺1.670
Stop Loss: ₺1.810
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📊 Market Outlook:
Volume is healthy at 291K, with MA(5): 678,769 > MA(10): 532,669, showing short-term bullish strength. As long as price stays above ₺1.822, the bullish structure remains valid.
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⚠️ Risk Management Tip:
Stick to 1–2% of your capital per trade, and use tight stop losses near support zones. A confirmed breakout above ₺1.919 could trigger momentum buying — don’t chase, enter with a plan.
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🔥 Momentum is building — keep MUBARAK/TRY on your radar for a potential next leg up!
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