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$MUBARAK Signal】Pullback to Long + 1H Strong Consolidation, Waiting for Second Explosion
$MUBARAK The 1H timeframe experienced a massive surge yesterday and is currently consolidating strongly at high levels. The 4H timeframe has confirmed a breakout of the long-term downtrend line, with EMA20/50 forming a golden cross, indicating a trend reversal to bullish. Currently, the 1H RSI(78.88) is high but not overbought, and the price is supported above EMA20(0.0174). This is a typical strong correction structure, waiting for the next momentum.
🎯Direction: Long (Long)
🎯Entry/Order: 0.0185 - 0.018