š $MUBARAK
ā¢ Trading Plan (Long):
ā¢ Entry: $0.01630 - $0.0168
ā¢ Stop Loss (SL): $0.0144
ā¢ Take Profit (TP): $0.02019 and $0.03304
ā¢ Key Resistance/Support: The EMA(50) at $0.02019 is acting as a strong dynamic ceiling, consistently rejecting price movements over the last several candles.
ā¢ Indicators: RSI(6) at 50.74 has room to rise before hitting the overbought area, confirming potential for a short-term bounce to resistance. MACD is crossing above the signal line (DEA), validating early bullish momentum for a potential reversal.
ā¢ Outlook: Failure to hold $0.01600 will likely push MUBARAK down to retest the $0.00595 low. A break above the EMA(50) at $0.02019 targets the $0.03304 region.
Mubarakah
Alpha
0.0010614
+34.73%