đš $MUBARAK just reclaimed the zone everyone was watching but is this the start of another expansion, or a liquidity trap before the next rejection?
MUBARAK has pushed back above the $0.050 area after spending multiple candles consolidating inside the $0.041â$0.048 range. Now price is approaching the $0.060 region, where the next reaction becomes important. If buyers can turn this area into support instead of getting rejected back into the range, the recovery could start accelerating toward the higher resistance zones.
Entry Zone: $0.0565 â $0.0595
TP1: $0.0650
TP2: $0.0720
TP3: $0.0800
TP4: $0.0880
Stop Loss: $0.0475
Technical View:
The 4H structure has shifted from the previous decline into a clear recovery attempt. The strongest clue is the move from the $0.041 area back through $0.050, followed by consecutive bullish candles. The key now is whether $0.060 gets accepted as support. A sustained breakout could bring the previous reaction zones back into focus, while losing the reclaimed $0.050 area would suggest the breakout is losing momentum.
Iâm also watching currently on $BR right now.
#mubarakusdt #MUBARAK #BR
MUBARAK has pushed back above the $0.050 area after spending multiple candles consolidating inside the $0.041â$0.048 range. Now price is approaching the $0.060 region, where the next reaction becomes important. If buyers can turn this area into support instead of getting rejected back into the range, the recovery could start accelerating toward the higher resistance zones.
Entry Zone: $0.0565 â $0.0595
TP1: $0.0650
TP2: $0.0720
TP3: $0.0800
TP4: $0.0880
Stop Loss: $0.0475
Technical View:
The 4H structure has shifted from the previous decline into a clear recovery attempt. The strongest clue is the move from the $0.041 area back through $0.050, followed by consecutive bullish candles. The key now is whether $0.060 gets accepted as support. A sustained breakout could bring the previous reaction zones back into focus, while losing the reclaimed $0.050 area would suggest the breakout is losing momentum.
Iâm also watching currently on $BR right now.
#mubarakusdt #MUBARAK #BR
