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Based on technical analysis of the MUBARAK/USDT chart on the 1-hour timeframe, the price shows a strong upward trend from the level of 0.02775 to 0.1363, supported by high trading volume, indicating significant buying interest. There are no clear bearish reversal patterns, so the upward trend may continue towards the next psychological level such as 0.2000, although the decrease in volume after a sharp rise indicates a slowdown in momentum that needs to be watched. Supporting factors such as positive news, FOMO among traders, or the overall bullish trend in the crypto market may likely be the drivers of this movement, although the risk of market manipulation in small tokens remains.
The most advantageous position at the moment is to go long (buy) on the pullback to the support level 0.1000–0.1200 with a target profit at 0.2000, while applying a stop-loss below 0.02775 for risk management. Alternatively, a short (sell) position can be considered if a bearish reversal pattern emerges, with a correction target to 0.1000 or lower. The safest strategy is to wait for a pullback to avoid the risk of getting trapped at the peak price, while monitoring the latest news about the MUBARAK project and the overall crypto market conditions to strengthen trading decisions.
#MUBARAK#