I am watching $MBOX closely right now. After that strong dump, price made a sharp bounce and is trying to recover.
Currently it is moving around 0.0175 and testing a key zone. If buyers keep the momentum, we could see a move back toward the 0.0188 – 0.0195 resistance area.
But I am also careful here. If this level fails to hold, the market can again visit lower zones. For me this area is very important for the next move.
Are bulls strong enough to push it higher from here? Or will sellers take control again? 👀
Let’s see how price reacts at this zone. 📊
MBOXUSDT
Perp
0.0125
-1.42%