$MUBARAK /USDT chart and data you shared:
Current Stats:
Last Price: $0.01785 (+0.96%)
24h High / Low: $0.01804 / $0.01715
Volume (MUBARAK): 700.87M
Volume (USDT): 12.38M
Moving Averages:
MA(7): 0.01765
MA(25): 0.01767
MA(99): 0.01672
The short-term MAs (7 & 25) are slightly above the current price but very close, which suggests the price is consolidating sideways. The MA(99) being lower indicates the longer-term trend is slightly bullish.
Chart Analysis:
Price bounced off the $0.01715 support.
The chart shows a small consolidation pattern near $0.0178.
The upward arrow indicates a potential long setup, expecting a breakout above recent highs around $0.0180–$0.0181.
Key resistance to watch: $0.01804 (24h high).
Key support: $0.01715.
Summary:
Trade Bias: Long
Entry Zone: Around $0.0178
Target: $0.0185–$0.0192
Stop Loss: Below $0.01715
⚠️ The move seems like a short-term bounce. Volume is moderate, so breakout confirmation is important before committing large size.
If you want, I can draw a clean support/resistance chart for MUBARAK/USDT with target zones so you can visually plan the trade. Do you want me to do that?