$MUBARAK
He’s testing an area that was the reason for the movement being rejected before… but this time the liquidity is different.
The price is currently at 0.05262 after a 21.83% rise within 24 hours, and trading volume exceeded 36.9M USDT.
What’s interesting is that the price broke out from the low of 0.04154 and reached 0.06007; along with the rise, huge volume entered—more than 177M then 180M MUBARAK in two consecutive candles.
But the rejection from 0.06007 pushed the price back down to 0.05262—this is exactly where the trade shows up instead of chasing the pump.
Retaking the 0.05629–0.05696 zone and holding above it is the clear trigger; then the path opens first toward 0.06007, then 0.06800.
As for losing 0.04958–0.05128, that breaks the current bounce structure and shifts focus back to around 0.04500.
$MUBARAK
He’s testing an area that was the reason for the movement being rejected before… but this time the liquidity is different.
The price is currently at 0.05262 after a 21.83% rise within 24 hours, and trading volume exceeded 36.9M USDT.
What’s interesting is that the price broke out from the low of 0.04154 and reached 0.06007; along with the rise, huge volume entered—more than 177M then 180M MUBARAK in two consecutive candles.
But the rejection from 0.06007 pushed the price back down to 0.05262—this is exactly where the trade shows up instead of chasing the pump.
Retaking the 0.05629–0.05696 zone and holding above it is the clear trigger; then the path opens first toward 0.06007, then 0.06800.
As for losing 0.04958–0.05128, that breaks the current bounce structure and shifts focus back to around 0.04500.
$MUBARAK