$MUBARAK PRESSING 0.080 ... MOMENTUM STILL STRONG
MUBARAK has made a clean impulsive move from the 0.060 area and buyers are still controlling the trend.
Current Price: ~0.0788
Immediate Resistance: 0.0793–0.0803
First Support: 0.0755–0.0760
Major Support: 0.0715–0.0720
Next Price: 0.0805
Extended Target: 0.083–0.086
The structure is bullish, but price is already stretched after a 27%+ move. I’d rather see a clean break and hold above 0.0803 than chase the candle here. If momentum cools, a retest toward 0.076 would still keep the setup healthy.
Trade on $MUBARAK
MUBARAK has made a clean impulsive move from the 0.060 area and buyers are still controlling the trend.
Current Price: ~0.0788
Immediate Resistance: 0.0793–0.0803
First Support: 0.0755–0.0760
Major Support: 0.0715–0.0720
Next Price: 0.0805
Extended Target: 0.083–0.086
The structure is bullish, but price is already stretched after a 27%+ move. I’d rather see a clean break and hold above 0.0803 than chase the candle here. If momentum cools, a retest toward 0.076 would still keep the setup healthy.
Trade on $MUBARAK
