CirclePO

$USDC
This is my first post on Binance Square #CirclePO

🚨MUBARAK/USDT🚨
#tradingpairs101 #CirclePO $MUBARAK

🔴Recommendation: SHORT (Sell)**
- **Entry Point:** 0.0388 - 0.0389 (around the current EMA 7).
- **Targets:** 🎯
- First Target: **0.0381** (near support).
- Second Target: **0.0373** (previous low).
- Third Target: **0.0370** (strong support).
- **Stop Loss:** above **0.0395** (for a safe margin above EMA 25).

#### **Justifications:**
1. **Bearish Trend:** price below **EMA 25** and **EMA 99** with confirmed selling pressure.
2. **Weak Bullish Momentum:** negative MACD crossover (DIF < DEA) and low trading volume.
3. **Stochastic:** indicates potential decline (K < D).