MUBARAK/USDT Price Analysis – Strong Bullish Momentum Continues
$MUBARAK /USDT is showing impressive bullish strength on the 1-hour timeframe. The price is currently trading around $0.01853, marking a strong 24% daily gain. The chart shows higher highs and higher lows, confirming an active uptrend. Price has broken above the recent resistance near $0.01700 and pushed toward the 24-hour high at $0.01867.
Moving Averages (MA7, MA25, and MA99) are aligned in a bullish structure, with short-term MA crossing above long-term averages, signaling continued buying pressure. Volume has also increased significantly, confirming strong market participation. If price holds above $0.01780 support, further upside toward $0.02000 is possible. However, traders should watch for pullbacks after such a sharp rally.
Overall bias remains bullish with short-term continuation potential.
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