$MUBARAK
MUBARAKUSDT — Testing Support After Pullback
MUBARAKUSDT is trading near $0.01819, showing -0.82% decline as it tests the $0.01810–$0.01820 support zone after rejecting from the 24h high of $0.01845. Price action indicates consolidation within a tight range between $0.01777 and $0.01845, with current levels acting as a key support area.
Trade Plan
Entry (Long): $0.01810–$0.01820 (Accumulate at range support)
Target 1: $0.01845 *(24h high and range resistance)*
Target 2: $0.01880 (Breakout target above range)
Stop Loss: $0.01795 (Below range low and support zone)
My View
MUBARAKUSDT is consolidating in a tight range with current price at support. The higher probability trade is LONG for a bounce back toward range highs. This setup is for range traders buying support, with risk clearly defined below the range low.
