🚨$MUBARAK USDT Is This Reclaim Setting Up the Next Expansion?
The chart looks very different after MUBARAK defended the lower range and started building back above the previous resistance area. The bigger question now is whether this consolidation is quietly preparing for another breakout toward the higher levels marked on the chart.
On the 4H chart, price is holding around 0.05539 after reclaiming the 0.047–0.050 region. The recent candles show buyers repeatedly defending the 0.052–0.054 area, while price is gradually pushing toward the 0.060 resistance. A clean 4H close above 0.060 with stronger volume could open the way toward 0.062, 0.070 and potentially the 0.080–0.085 zone. Until that breakout happens, this remains a setup that needs confirmation rather than a guaranteed move.
🟢 LONG TRADING PLAN
Entry: 0.0535 – 0.0560
TP1: 0.0620
TP2: 0.0700
TP3: 0.0800
TP4: 0.0850
Stop Loss: 0.0500
The key area to watch is 0.0600. A decisive breakout and successful retest could provide the confirmation that buyers are ready to push MUBARAK into the next range.
#mubarak
The chart looks very different after MUBARAK defended the lower range and started building back above the previous resistance area. The bigger question now is whether this consolidation is quietly preparing for another breakout toward the higher levels marked on the chart.
On the 4H chart, price is holding around 0.05539 after reclaiming the 0.047–0.050 region. The recent candles show buyers repeatedly defending the 0.052–0.054 area, while price is gradually pushing toward the 0.060 resistance. A clean 4H close above 0.060 with stronger volume could open the way toward 0.062, 0.070 and potentially the 0.080–0.085 zone. Until that breakout happens, this remains a setup that needs confirmation rather than a guaranteed move.
🟢 LONG TRADING PLAN
Entry: 0.0535 – 0.0560
TP1: 0.0620
TP2: 0.0700
TP3: 0.0800
TP4: 0.0850
Stop Loss: 0.0500
The key area to watch is 0.0600. A decisive breakout and successful retest could provide the confirmation that buyers are ready to push MUBARAK into the next range.
#mubarak
