$MUBARAK has shown a clear shift in momentum after holding a strong base and breaking above the recent consolidation range......
Price is expanding with strength instead of rejecting, which confirms buyer dominance. The breakout candle is backed by follow-through, suggesting this move is driven by continuation rather than a short-term spike.
As long as price stays above the breakout zone, bullish momentum remains intact. Shallow pullbacks are likely to be absorbed, favoring further upside expansion in the short term.
Trade Setup (Long)
Entry Range: 0.0160 – 0.0165
Target 1: 0.0172
Target 2: 0.0185
Target 3: 0.0200
Stop Loss (SL): 0.0150
Market Outlook:
As long as price stays above the breakout zone, bullish momentum remains intact. Shallow pullbacks are likely to be absorbed, favoring further upside expansion in the short term.
