$MUBARAK is showing a strong continuation setup around $0.01983. The price action is attracting momentum traders, but after a sharp advance, controlled consolidation would be healthier than another straight vertical move. Buyers need to keep control around the $0.0190 area.
TG1: $0.0215
TG2: $0.0240
TG3: $0.0280
Short term, reclaiming and holding $0.0200 could trigger another push toward $0.0215 and $0.0240. If $0.0180 fails decisively, expect momentum to cool and a deeper pullback to become possible.
Long term, the bullish thesis remains alive while MUBARAK maintains a sequence of higher highs and higher lows. A sustained breakout above $0.0240 could significantly improve the broader trend structure.
#ThuneFilesClarityActClotureMotion
#VIXFallsToJanuaryLow
#BIP110SoftForkAttemptBegins
TG1: $0.0215
TG2: $0.0240
TG3: $0.0280
Short term, reclaiming and holding $0.0200 could trigger another push toward $0.0215 and $0.0240. If $0.0180 fails decisively, expect momentum to cool and a deeper pullback to become possible.
Long term, the bullish thesis remains alive while MUBARAK maintains a sequence of higher highs and higher lows. A sustained breakout above $0.0240 could significantly improve the broader trend structure.
#ThuneFilesClarityActClotureMotion
#VIXFallsToJanuaryLow
#BIP110SoftForkAttemptBegins