$MUBARAK is making a strong green push back to $0.06192 after a period of consolidation.
đ Resistance: Previous high at $0.08755
đ Current RSI: 78.47 â RSI is running hot on the 4H chart, indicating high buying interest but also calling for risk management.
đ Order Book Depth: Asks currently outweigh bids (62.88% Ask vs 37.12% Bid), which could mean selling pressure near the current level.
Is this a continuation leg to retest $0.087+, or will we see a retest of support first?
Let me know your trade plan below! đŻ
đ Resistance: Previous high at $0.08755
đ Current RSI: 78.47 â RSI is running hot on the 4H chart, indicating high buying interest but also calling for risk management.
đ Order Book Depth: Asks currently outweigh bids (62.88% Ask vs 37.12% Bid), which could mean selling pressure near the current level.
Is this a continuation leg to retest $0.087+, or will we see a retest of support first?
Let me know your trade plan below! đŻ