$MUBARAK /USDT 4H Technical Analysis ($0.058 Zone)

With price consolidating near the 0.058 key level following a high-volatility surge, the $0.058–$0.060 range serves as a vital overhead decision boundary.

Bullish Continuation / Breakout Re-test

Use this scenario if price closes above $0.0600 on strong 4H volume.

Entry Zone: $0.0585 – $0.0605 (Wait for a 4H candle close above resistance and enter on the re-test).

Stop Loss (SL): $0.0545 (Below immediate structure support and recent 4H swing low).

Take-Profit Targets:

TP1: $0.0640 (Immediate liquidity area)

TP2: $0.0695 (Intermediate resistance extension)

TP3: $0.0750 (Major structural target)