The $MBL /USDT 15-minute chart currently shows a trading price of 0.003119, with a notable spike earlier reaching a 24-hour high of 0.005034.
This recent volatility provides potential trading opportunities with key levels to consider. The primary resistance level is observed at 0.003503, indicating an area where price may encounter selling pressure if it approaches again.
Conversely, support is identified around 0.002772, offering a foundation for possible pullbacks. An ideal entry point could be at 0.003100 to align with current levels.
For profit-taking, targets are structured as follows: TP1 at 0.003200, TP2 at 0.003300, and TP3 at 0.003400, keeping increments modest to capture gains if upward momentum continues.
To manage risk, a stop-loss (SL) just below support at 0.002700 is recommended, providing a safeguard against a potential decline.
This strategy aims to balance potential gains while addressing the recent volatility seen in the chart.