🚀 $MUBARAK — LONG SETUP | Retrace Holding Support & Bullish Rebound
MUBARAK (Mubarak) has printed a strong surge toward 0.02999 (+48.46%) on the 1H timeframe before pulling back to test local support. Price action is forming a solid bounce candle off the lower support near 0.02250, setting up a scalp trade for a quick retest of upper resistance targets.
📍 Long Entry: 0.02320 – 0.02410
🎯 TP1: 0.02520
🎯 TP2: 0.02650
🎯 TP3: 0.02800
🛑 Stop Loss: 0.02200
⚠️ Confirmation: Ensure price holds above 0.02300 on lower timeframe candles to validate the support bounce. Exit or avoid entry if price breaks and closes below the 0.02200 support level.
Risk management: Maintain tight risk parameters, execute fast profit booking near targets, and manage your leverage strictly. Trade the setup, not the emotion.
🔥 Drop your targets in the comments below!
👇 Click below to open the trade
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