Alright, stay with me on this one — this chart is giving clues if you know where to look.
$MUBARAK made a strong impulsive move up and then cooled off with a controlled pullback, not a breakdown. Price dipped into a demand zone and buyers responded immediately, which tells us accumulation is still happening under the surface. The recovery candles show that momentum hasn’t died, it’s just resetting before the next move.
As long as this higher base holds, upside continuation remains on the table.
Trade Setup
Long Entry: 0.0163 – 0.0166
Target 1: 0.0172
Target 2: 0.0180
Stop Loss: 0.0157
No rush here — let the setup breathe and execute with patience. Protect capital first, profits come after.
MUBARAKUSDT
Perp
0.01644
+6.27%