🔎 Detailed Analysis The MBL/USDT pair on the weekly chart is currently in a long-term price compression phase. The structure forms a Descending Triangle, characterized by: Consistent lower highs along a long-term descending trendline (since 2021). A strong horizontal support zone at 0.0017 – 0.0023 USDT (yellow box). Price action consolidating into the triangle apex, suggesting a potential major breakout or breakdown in the coming weeks/months. This pattern has been building for over 3 years, which makes any confirmed breakout highly significant. --- 📈 Bullish Scenario Confirmation: A weekly close above the descending trendline and pivot level at 0.002874 USDT, supported by strong volume. Retest: A successful retest of the breakout level turning into support strengthens the case for upside continuation. Bullish Targets: Target 1: 0.004419 USDT (nearest resistance). Target 2: 0.006574 USDT. Extended Target: 0.0177 – 0.0318 USDT if broader altcoin momentum strengthens. ✨ If this bullish breakout occurs, it could mark the beginning of a major reversal after years of consolidation. --- 📉 Bearish Scenario Confirmation: A weekly close below the 0.0017 USDT support zone with strong bearish follow-through. Implication: A breakdown of this historical support could open the door to much lower levels (sub-0.001), with an extreme projection toward 0.0006 USDT. Note: Descending triangles often resolve bearishly in textbook cases, but in crypto they can also serve as accumulation zones before explosive rallies. --- 🛡️ Risk Management Avoid entering positions solely because the price “looks cheap” — wait for clear confirmation. Always set a Stop Loss below support (for longs) or above invalidation (for shorts). Manage position sizing carefully → high reward potential but also high risk. Use indicators (RSI, MACD, Volume) to confirm momentum shifts. Weekly close is the strongest signal — avoid acting on intraday noise. --- ⏳ Timeframe & Potential As this is a weekly timeframe pattern, confirmation may take several weeks to months. The closer price gets to the triangle apex, the more explosive the breakout is likely to be. Broader altcoin market sentiment will strongly influence which direction this resolves. --- ✨ Conclusion MBL/USDT is at a critical crossroads: Holding the 0.0017 – 0.0023 support and breaking the descending trendline could trigger a multi-fold rally. Losing this support zone could lead to a sharp drop into uncharted sub-0.001 territory. 📍 This setup is highly attractive for swing traders and mid-to-long term investors waiting for a major move after extended consolidation. --- #MBL #MBLUSDT #Crypto #Altcoins #TechnicalAnalysis #DescendingTriangle #Support #Breakout #Bullish #Bearish

MBLUSDT is currently exhibiting signs of a bullish reversal pattern, indicating a potential trend shift in favor of the bulls. After an extended downtrend, the price appears to have found strong support, which is now serving as a base for upward momentum. This structure is often seen before a breakout rally, especially when paired with a steady increase in trading volume—suggesting accumulation by informed investors. The recent price action confirms growing investor confidence in the MBL project. With volume picking up and a bullish reversal structure forming on the chart, traders are beginning to position for an anticipated move to the upside. Technical indicators support this sentiment, aligning with a potential gain of 20% to 30%+ in the short term if the current momentum is sustained. As broader market sentiment continues to recover, MBLUSDT stands out with a clean technical pattern that offers a favorable risk-to-reward ratio. The combination of healthy volume, a well-defined support zone, and early signs of bullish continuation make this setup appealing to both swing traders and mid-term holders watching for breakout confirmation. MBL’s fundamentals are also garnering interest, adding to the technical strength seen on the chart. If buyers continue stepping in near support levels, the breakout target could be reached faster than expected. ✅ Show your support by hitting the like button and ✅ Leaving a comment below! (What is You opinion about this Coin) Your feedback and engagement keep me inspired to share more insightful market analysis with you!

As long as we stay on the green line, the direction is up. The first target is 0.002530, which is Fibo 1.414, the main target is 0.002736. Cut losses when closing below the green line.

MBL ~ 1W Analysis #MBL This trade is very risky, buy if you still have confidence in this coin with a short term target of at least 20%+ from here.