$MUBARAK If it breaks through the resistance at $0.0878, nothing will stand in its way until it reaches the second resistance at $0.165 👇
In short, it is approaching a genuine profit-taking zone at $0.878, and it may then bounce back to correct near that level, or even at $0.083. So don't count on today's rise alone if tomorrow, Tuesday, doesn't open with a green candle and break through the $0.0878 resistance. Its next move may depend on Tuesday's candle: either the rally continues, or it retraces and tests its lower support levels 👇
In short, it is approaching a genuine profit-taking zone at $0.878, and it may then bounce back to correct near that level, or even at $0.083. So don't count on today's rise alone if tomorrow, Tuesday, doesn't open with a green candle and break through the $0.0878 resistance. Its next move may depend on Tuesday's candle: either the rally continues, or it retraces and tests its lower support levels 👇
