MBOX broke out from a falling channel and rallied toward $0.056. However, it faced rejection and is now pulling back, possibly to retest the breakout zone (purple box). If this level holds, we may see another leg up.
Setup Summary:
Broke out of downtrend channel
Retesting consolidation zone (marked in purple)
RSI cooled off after touching overbought — bullish structure intact
Key Levels:
Entry: $0.050–0.0512
Stop Loss: $0.04421
Targets:
T1: $0.0568
T2: $0.0621
T3: $0.0718
T4: $0.0804
Support Levels: $0.0457 / $0.04421
A successful bounce from this range could reignite momentum.
DYOR. Not financial advice.
Setup Summary:
Broke out of downtrend channel
Retesting consolidation zone (marked in purple)
RSI cooled off after touching overbought — bullish structure intact
Key Levels:
Entry: $0.050–0.0512
Stop Loss: $0.04421
Targets:
T1: $0.0568
T2: $0.0621
T3: $0.0718
T4: $0.0804
Support Levels: $0.0457 / $0.04421
A successful bounce from this range could reignite momentum.
DYOR. Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.