MUBARAKUSDT 4H AnalysisMUBARAK ~ 4H Analysis
#MUBARAK High Alert This trade carries a very high risk. Our analysis indicates this is a whale accumulation zone. Buy from here with a short-term target of at least 10%+.
Mubarakanalysis
Breaking: $MUBARAK Set for Trend Reversal Amidst 20% DipCreated on the Binance Smart chain network (BSC) $MUBARAK a coin that recently underwent a "Community Take Over (CTO)"is set for a trend reversal amidst the recent 20% dip that led the token to a falling wedge pattern.
With the RSI at 47 and momentum brewing, $MUBARAK is set for a massive surge if it should break pass the 38.2% Fibonacci retracement point as momentum kicks in.
Similarly, the 78.6% Fibonnaci price point is holding grounds as the support point should $MUBARAK face a moment of reprieve in the long run.
About Mubarak
CZ just subtly acknowledged that he’s Mubarak – a typical cryptic move from the Binance boss! Those who’ve followed CZ long enough know that when he shills like this, the chances of a Binance listing are sky-high. The Arab world, with their deep pockets, is ready to pump Mubarak to a $1 billion MC. This meme coin has now been taken over by the community, with the CTO pushing it hard – get ready for a big boom!
Mubarak Price Live Data
The live Mubarak price today is $0.128175 USD with a 24-hour trading volume of $316,755,028 USD. Mubarak is down 20.97% in the last 24 hours. The current CoinMarketCap ranking is #284, with a live market cap of $128,174,827 USD. It has a circulating supply of 1,000,000,000 MUBARAK coins and a max. supply of 1,000,000,000 MUBARAK coins.
Is MUBARAK still bullish? (15M)It is one of the meme coins that came to life with CZ's backing.
It has been listed in Binance Futures, and significant trading volume is building up on this meme coin.
After analyzing the chart, we have identified two low-risk rebuy levels, which are marked on the chart.
After entering, due to the high risk of this meme coin, make sure to secure profits (risk-free) at the first target.
A 15-minute candle closing below the invalidation level will invalidate this setup.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
