$MUBARAK / USDT — Impulsive Breakout | Bullish Continuation Setup
MUBARAK is currently trading around 0.0168, following a strong impulsive breakout from the 0.0150–0.0153 demand zone. On the 1H timeframe, price structure remains firmly bullish, printing higher highs and higher lows, which confirms sustained buying pressure.
The recent pullback after the spike is being well absorbed, signaling that buyers are defending price and maintaining control. As long as price holds above the 0.0160 support area, the bullish continuation scenario remains intact.
A clean break and hold above 0.0172 could act as a catalyst for the next expansion leg to the upside.
📈 Trade Setup (Long)
Entry Zone:
0.0163 – 0.0168
🎯 Take Profit Targets:
TP1: 0.0174
TP2: 0.0182
TP3: 0.0195
🛑 Stop Loss:
0.0154
📌 Bias: Bullish Continuation
⏱ Timeframe: Intraday / Short-term Swing
Consider securing partial profits at TP1 and trailing stop to breakeven to protect capital.$MUBARAK
