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Summary
• Price surged from $0.01575 to $0.01631 intraday, consolidating near $0.01588–$0.01614.
• RSI and MACD indicate moderate bullish momentum with no overbought signals.
• Volatility remains elevated, with Bollinger Bands showing recent expansion.
• Volume-driven rally in early hours suggests short-term strength.
• Key support at $0.01575–$0.01586 with potential for retest.
Mubarak/Tether (MUBARAKUSDT) opened at $0.01583 at 12:00 ET–1 and closed at $0.01588 by 12:00 ET, with a high of $0.01631 and low of $0.01572. The 24-hour volume totaled 12,796,049.9, while notional turnover reached $204,956.17.

On the 5-minute chart, the 20-period and 50-period MAs trended upward during the bullish phase, confirming the short-term bias. Daily MAs show a more neutral stance, suggesting that the 24-hour rally may not yet have lasting significance.
The $0.01575–$0.01631 swing shows the 61.8% retracement at ~$0.01600 and the 38.2% at ~$0.01595. Price is currently consolidating near these levels, suggesting a potential consolidation before a breakout or pullback.
The next 24 hours may see retesting of the $0.01586 support or a breakout above $0.01625 resistance. Traders should remain cautious of divergences in volume and RSI if the rally stalls.
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