$MBL is currently trading around 0.001154, showing high volume activity despite a minor pullback of ~0.6% in the last 24 hours.
After a strong impulse move up to 0.00119, price has retraced and is now consolidating near a demand zone, which often acts as a reset before the next directional move.
On the 1H timeframe, selling pressure is slowing down, and price is holding above the recent low, hinting that downside momentum may be exhausting.
Trade Setup (Short-Term Recovery Play)
• Entry Zone: 0.001150 – 0.001160
• Target 1 🎯: 0.001175
• Target 2 🎯: 0.001195
• Target 3 🎯: 0.001225
• Stop Loss: 0.001135
Market Insight
Strong support zone around 0.001150 – 0.001152
Previous rejection near 0.00119 is the key breakout level
A confirmed break above 0.001175 with volume can open the path toward higher targets
This setup favors patience and confirmation. If buyers step in with strength, MBL has room for a clean continuation move
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