đ $MUBARAK /USDT â Waking From the Shadows?
đ 4H Chart | đ° Current Price: $0.0374 (â1.06%)
MUBARAK is stirring after weeks of sideways wandering. Volume is creeping back, and price just poked above the MA25 and flirting with the MA99.
đ Technical Breakdown:
â MA Cross Watch: Price has reclaimed MA25 ($0.0329) and briefly tested MA99 ($0.0351) â a solid bullish development if it holds.
đ Recent trend shows a rounded bottom formation â a classic base before bullish continuation.
đŒ Higher lows on the micro timeframes suggest building momentum.
đŻ Key Resistance Targets:
1ïžâŁ Target 1: $0.0410 â minor resistance from mid-June
2ïžâŁ Target 2: $0.0475 â consolidation top in early June
3ïžâŁ Target 3: $0.0580 â breakout region from late May
đĄïž Support Levels:
$0.0350 â MA99 zone and recent breakout base
$0.0320 â previous support turned potential buyback zone
$0.0280 â invalidation area if breakdown resumes
đ§ Outlook:
MUBARAK isn't screaming yet, but itâs definitely whispering a reversal tune. If momentum carries it above $0.041 with solid volume, it may quickly revisit higher zones. Otherwise, another low-volume fade could drag it back to support.
âł Eyes on the next 8â12 candles for confirmation of direction.
â ïž DYOR â Do Your Own Research. This is not financial advice. Markets can be volatile â always trade responsibly!