Let’s talk about $MUBARAK ’s price action: up 8.8% over the past 24 hours, with bulls and bears fiercely contesting the area around 0.05978.
This is exactly the kind of level that tests your judgment: chase the move and you risk a pullback; sit it out and you risk missing out. My view is to first watch whether volume can hold up, then see whether 0.05978 holds. In a trending market, going with the trend is always easier than trying to pick tops and bottoms.
For discussion only—what’s your trading strategy? #MUBARAK
For discussion purposes only. This is not investment advice.
This is exactly the kind of level that tests your judgment: chase the move and you risk a pullback; sit it out and you risk missing out. My view is to first watch whether volume can hold up, then see whether 0.05978 holds. In a trending market, going with the trend is always easier than trying to pick tops and bottoms.
For discussion only—what’s your trading strategy? #MUBARAK
For discussion purposes only. This is not investment advice.