$MUBARAK — Recovery Attempt, But $0.01716 Is the Real Test
$MUBARAK is trying to bounce after dropping to the $0.01625 support zone, but price is still trading below the $0.01665 MA(7). Sellers remain in control unless bulls can reclaim the nearby resistance.
A clean breakout above $0.01716 could open the door toward $0.01768 and potentially $0.01820+. If price gets rejected again, another move toward $0.01625 — or lower — could follow.
Key level: $0.01716 resistance
Support: $0.01625
Bias: Bearish below resistance
Watch for: Breakout or rejection confirmation
#MUBARAK #crypto #Binance #TradingTales
$MUBARAK is trying to bounce after dropping to the $0.01625 support zone, but price is still trading below the $0.01665 MA(7). Sellers remain in control unless bulls can reclaim the nearby resistance.
A clean breakout above $0.01716 could open the door toward $0.01768 and potentially $0.01820+. If price gets rejected again, another move toward $0.01625 — or lower — could follow.
Key level: $0.01716 resistance
Support: $0.01625
Bias: Bearish below resistance
Watch for: Breakout or rejection confirmation
#MUBARAK #crypto #Binance #TradingTales