$MBL L/USDT Market Update (15M)
Price trades at 0.001168, down 3.15% after a sharp sell-off from the 0.001210 intraday high. Bears are firmly in control as price breaks lower with strong red candles and rising sell volume.
Key Levels: Support: 0.001166 then 0.001160
Resistance: 0.001193 and 0.001210
Momentum: MA(5) below MA(10) confirms short-term bearish trend.
MACD deep in negative territory with expanding red histogram signals continued downside pressure.
Outlook: As long as price stays below 0.001193, downside risk remains high. A clean bounce from 0.001166 is needed to shift momentum; otherwise, further weakness toward lower supports is likely.
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