đ $MUBARAK /USDT â Long Setup: Bullish Bounce from Support! đ„
Trade Details:
Entry: $0.01830 (current breakout zone)
Stop Loss: $0.01731 (below recent swing low for safety)
Take Profit: $0.01956 (major resistance level)
Analysis:
$MUBARAK has bounced strongly from its consolidation area on the 1-hour chart. Price built a solid base at lower levels and is now pushing higher with improving bullish momentum.
Technical Insight:
On the 1-hour timeframe, a triple-bottomâlike support around $0.0173 shows strong buying interest.
A bullish engulfing candle confirms the breakout.
The primary target is $0.01956, where price previously met resistance. Momentum could accelerate if buyers remain strong.
Trading Tip:
Low-cap coins are volatile. Consider moving your stop loss to entry around $0.0188 to protect your position once price progresses.
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