$MUBARAK /USDT 4H Analysis 📊
MUBARAKUSDT
Διην.
0.0146
-5.74%
Price is currently hovering around 0.01608 after a strong rally to 0.0215 followed by a steady pullback. The structure shows a clear rejection from the local top and a shift into consolidation near support.
🔍 Key Observations:
• Strong resistance: 0.0188 – 0.0200 zone
• Immediate support: 0.0157 – 0.0150
• RSI (34) indicates weakening momentum but nearing oversold territory
• Volume declining → market cooling after impulsive move
📉 Scenario:
As long as price holds above 0.0150, this looks like a healthy correction inside a broader bullish structure. A reclaim of 0.0175 could trigger the next push toward 0.019+.
⚠️ Breakdown below 0.0150 may lead to a deeper retrace toward 0.013–0.012 support.