MUBARAK Bullish Breakout with 3-5x Upside

Here's the take in plain terms. I’m looking at MUBARAK, traded on Binance and Binance Futures, with leverage options between 5x and 10x. A breakout has been confirmed, and I’m leaning into a heavy long position around current levels. The setup suggests a potential 3-5x move from here, with initial targets around 0.038, 0.040, 0.044, 0.048, 0.058, and 0.062, before deciding on the open level. The stop loss sits just below 0.037 to manage downside risk.

From a risk standpoint, this is a momentum-driven move. If price action holds above recent highs and the order flow supports a sustained breakout, the upside remains intact. If, however, price breaches the stop or fails to clear key resistance, the bullish thesis could weaken, and I’d reassess quickly.

In context, the move aligns with a trend-following approach on a volatile altcoin pair. I’m watching liquidity, spread, and funding rates closely to avoid over-leveraging in a choppy market. While the thesis is constructive, it’s important to balance upside with disciplined risk controls and clear exit criteria.