【See Rise】
MUBARAK is currently quoted at 0.0300, up 5.52% over the past 24 hours. The 7-day gain is 6.39%, with an intraday range of 0.0284–0.0337.
During the market’s bottoming phase, MUBARAK can still stay green over the past 24 hours, suggesting there is independent capital propping it up.
The 0.0284 level has been tested and repeatedly failed to break; pullbacks are met with strong support.
In the short term, the outlook is bullish.
【Reasons for a Bullish View】
A 7-day gain of 6.39% is a solid hard-currency kind of move in the current market; any pullback looks more like building momentum.
Once it holds above 0.0284, the next target is 0.0337.
$MUBARAK #MUBARAK