$MUBARAK printing +25.1% in 24h, hitting 0.0211.
Volume at $14M, which is decent for the move, and RSI at 59 means there's still room before overheating. It's sitting above both its EMA20 (0.0198) and EMA50 (0.0185), holding the trend. The 7-day high of 0.0253 is the next resistance.
The desk's read: the wick to 0.0253 today felt like a test, not an exhaustion. With Fear & Greed at 46, this looks like real buying in a soft market.
Are we pushing for 0.0253, or is this just another trap in a fear market?
$MUBARAK
Volume at $14M, which is decent for the move, and RSI at 59 means there's still room before overheating. It's sitting above both its EMA20 (0.0198) and EMA50 (0.0185), holding the trend. The 7-day high of 0.0253 is the next resistance.
The desk's read: the wick to 0.0253 today felt like a test, not an exhaustion. With Fear & Greed at 46, this looks like real buying in a soft market.
Are we pushing for 0.0253, or is this just another trap in a fear market?
$MUBARAK