$MUBARAK /USDT – Slipping Into the Red Zone! ⚠️ Bearish Wave Unfolding

$MUBARAK has dropped to $0.0516, marking a -7.03% decline for the day after hitting resistance at $0.0540. The 15-min chart shows a clear rejection and consistent red candles, indicating a bearish trend in motion. Despite 56.5% buy-side interest, the pressure from sellers is overpowering.

Short Trade Setup:

Entry Zone: $0.0516 – $0.0518

TP1: $0.0505

TP2: $0.0495

TP3: $0.0480

Stop-Loss: $0.0532

Why Short? • Strong rejection from local high ($0.0540)

• Continuous lower highs and red volume surge

• Momentum fading — ideal for short scalps

Break of $0.0510 could accelerate downside — bears are back in control!