$MBL has made a strong move, jumping over 52% in 24 hours and pushing the price to $0.001136. The daily chart shows a huge bullish candle, which suggests strong buying pressure. However, the long upper wick near $0.00138 indicates that sellers may step in at higher levels.
I’m watching $0.00110 as near-term support and $0.00130–$0.00138 as resistance. If MBL breaks above resistance with strong volume, another upward move could follow. If buyers lose momentum, a pullback or consolidation is possible.
My view: MBL looks bullish in the short term, but after such a sharp pump, chasing the price is risky. Wait for confirmation before entering a trade. These levels are based on the screenshot and are not guaranteed.
I’m watching $0.00110 as near-term support and $0.00130–$0.00138 as resistance. If MBL breaks above resistance with strong volume, another upward move could follow. If buyers lose momentum, a pullback or consolidation is possible.
My view: MBL looks bullish in the short term, but after such a sharp pump, chasing the price is risky. Wait for confirmation before entering a trade. These levels are based on the screenshot and are not guaranteed.