๐ $MUBARAK /USDT โ Waking From the Shadows? ๐ 4H Chart |
CryptoPotato
Updated at: 7 hours ago
{"content":"๐ $MUBARAK /USDT โ Waking From the Shadows?
๐ 4H Chart | ๐ฐ Current Price: $0.0374 (โ1.06%)
MUBARAK is stirring after weeks of sideways wandering. Volume is creeping back, and price just poked above the MA25 and flirting with the MA99.
๐ Technical Breakdown:
โ
MA Cross Watch: Price has reclaimed MA25 ($0.0329) and briefly tested MA99 ($0.0351) โ a solid bullish development if it holds.
๐ Recent trend shows a rounded bottom formation โ a classic base before bullish continuation.
๐ผ Higher lows on the micro timeframes suggest building momentum.
๐ฏ Key Resistance Targets:
1๏ธโฃ Target 1: $0.0410 โ minor resistance from mid-June
2๏ธโฃ Target 2: $0.0475 โ consolidation top in early June
3๏ธโฃ Target 3: $0.0580 โ breakout region from late May
๐ก๏ธ Support Levels:
$0.0350 โ MA99 zone and recent breakout base
$0.0320 โ previous support turned potential buyback zone
$0.0280 โ invalidation area if breakdown resumes
๐ง Outlook:
MUBARAK isn't screaming yet, but itโs definitely whispering a reversal tune. If momentum carries it above $0.041 with solid volume, it may quickly revisit higher zones. Otherwise, another low-volume fade could drag it back to support.
โณ Eyes on the next 8โ12 candles for confirmation of direction.
โ ๏ธ DYOR โ Do Your Own Research. This is not financial advice. Markets can be volatile โ always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/25/da32bd94545d498ea19cabbf33400001.png"],"tags":[],"tradingPairs":["MUBARAK/USDT"],"quotearticleid":0}