$MUBARAK /USDT – Breakout Build-Up | Eyes on $0.035+ Zone
Current Price: $0.0310
Trend: Gradual recovery with bullish pressure building
24h Change: +2.99% | Volume: 447.36M MUBARAK
Trade Setup:
Entry Zone:
Conservative: $0.0300 – $0.0305
Aggressive: $0.0310 – $0.0315 (If breakout sustains)
Targets:
Target 1: $0.0333 (Recent local resistance)
Target 2: $0.0349 (Order book resistance zone)
Target 3: $0.0365 (Momentum extension if volume increases)
Stop Loss:
Below $0.0275 (Break of 24h low and support base)
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Technical Analysis:
MUBARAK bounced from the 24h low of $0.0276 and retested the daily high at $0.031.
The volume is increasing steadily, indicating growing interest around the breakout zone.
Price action suggests accumulation just below $0.0318 resistance – a push above may trigger a rapid move toward $0.035+.
Conclusion:
A potential breakout play is forming on MUBARAK/USDT. Traders should monitor the $0.0315 level closely. A clean break and hold above it could fuel a short-term bullish run. Proper entry discipline and stop-loss placement are key.
Buy and Trade here on $MUBARAK