$MBL
/USDT Technical Update - Momentum Gaining Strength!
Current Price: $0.004136 (+8.56%)
Key Highlights:
24H High: $0.004800
24H Low: $0.003669
Volume: 3.98B MBL
Technical Overview:
$MBL/USDT has shown a strong upward movement, breaking above the key 99 EMA ($0.003707). The price has retraced slightly after reaching a high of $0.004800, indicating a consolidation phase with continued bullish potential.
Support Levels: $0.004000 | $0.003850
Resistance Levels: $0.004400 | $0.004800
What’s Next?
A breakout above $0.004400 could lead to a retest of the $0.004800 high and potentially push towards $0.005000. Consolidation around $0.004000 would be healthy before further upward movement.
Strategy:
Consider entries near $0.004100-$0.004200 with targets at $0.004500 and $0.004800. Use a stop-loss at $0.003850 to minimize risk.
Observation:
Rising EMAs and strong volume support indicate sustained buyer interest. Watch for confirmation above $0.004400 to validate a continuation of the uptrend.
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