Warning Sign! $MUBARAK Just Slipped to New Lows Is This a Shakeout or a Breakdown?
$MUBARAK is sliding fast, down -4.42% on the day and currently trading at $0.0368, flirting with its 24H low of $0.0347. After peaking at $0.0408, sellers clearly took the wheel, dragging the price down in a persistent red streak.
Current Price: $0.0368
24H High – Low: $0.0416 – $0.0347
Volume (MUBARAK): 559.73M
STOCHRSI: Flatlined at 0.00 – Oversold condition flashing bright red!
Support Levels to Monitor:
$0.0365 (current wick low)
$0.0347
$0.0330
Recovery Resistance Points:
$0.0382
$0.0391
$0.0410
Order Book Sentiment:
Buy Orders: 53.41%
Sell Orders: 46.59%
With STOKRSI at rock bottom and buy-side slightly leading, a relief bounce may be on deck. But beware—this could either be a golden entry… or a falling knife. Stay sharp!