Mubarakah Token Surges Over 90%: Key Levels to Watch for the Next Breakout

The Mubarakah token (MUBARAKAH/USDT) has captured traders' attention with its recent surge, breaking above the 1.618...

Written by: Arslan Butt • Wednesday, June 4, 2025 • 1 min read

• Last updated: Wednesday, June 4, 2025

Quick overview

The Mubarakah token has surged past the 1.618 Fibonacci extension level, indicating strong bullish momentum.
Technical indicators, including a MACD crossover and a bullish engulfing pattern, suggest increasing buying pressure.
Key support is established at $0.002155, with potential targets at $0.002691 and $0.003257.
Novice traders are advised to enter at $0.002456, targeting $0.003257 with a stop-loss below $0.002155 for a favorable risk-reward ratio.

The Mubarakah token (MUBARAKAH/USDT) has captured traders’ attention with its recent surge, breaking above the 1.618 Fibonacci extension level at $0.002342, a critical resistance zone. This breakout, fueled by increased trading volume, signals heightened market interest and bullish momentum. The token has also formed a textbook pattern of higher highs and higher lows, a hallmark of sustained upward trends.

Adding to the bullish sentiment, the MACD indicator shows a fresh crossover, with the MACD line rising above the signal line and expanding histogram bars, signaling growing momentum. The price action is further validated by a bullish engulfing candlestick pattern, where the latest green candle fully overtakes the previous red one, signaling strong buying pressure.

2. EMA Support and Key Levels to Watch

Mubarakah’s price is trading comfortably above the 50-period EMA ($0.001299), a dynamic support level that has held firm through recent consolidations.

The next targets for this meme token lie at the 2.0 Fibonacci extension level ($0.002691) and the 2.618 level ($0.003257).Key support sits at $0.002155 (1.414 Fibonacci level). A break below this level could signal a reversal, but as of now, the technical indicators suggest a bullish continuation.

3. Trade Setup for Novice Traders

For those new to trading, here’s a simple yet effective setup:

Entry Point: Consider entering at the current price of $0.002456.
Target: Aim for the 2.618 Fibonacci level ($0.003257) for potential gains.
Stop-Loss: Place a stop-loss just below $0.002155 (1.414 Fibonacci level) to cap potential losses.

This trade offers a risk-reward ratio of 1:2.5. As meme tokens like Mubarakah are known for their volatility, consider using a trailing stop to lock in profits if the price continues to climb.

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ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.