On the contrary, the opportunity is now favorable for buying and holding it.
Ghania456
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Bearish
$MUBARAK No positive event for Mubarak since his appearance on the platform ๐ฃ๐ Always diving downwards ๐๐ง โก Exciting advice: Watch RSI and volume! If volume rises with RSI rebound, it might be a risky buying opportunity. But beware of falling into the 'falling knife' trap! If you want to get rid of your portfolio ๐จ Invest in the Mubarak coin, it doesn't know how to leap off the cliffs **๐จ Warning**: Trading is risky, especially with volatile currencies. Use stop-loss orders! - **Big drop**: The currency has dropped significantly **-6.09%**, and is trading at **0.0293 USDT**, indicating strong selling pressure! - **Tough resistance**: Moving averages form a resistance wall (MA7: 0.0300, MA25: 0.0316), reaching it requires significant buying power. - **RSI oversold**: RSI at **12.9885**, indicating that the currency is in a state of **severe overselling**! Warning: This could be a signal for a near rebound or a continuation of the drop if support does not show up. - **MACD negative**: The indicator shows a continuation of the downward trend (DIF and DEA below zero, MACD: -0.0003). - **Low trading volume**: The current volume **2.5M** is below the averages (MA5: 16.5M), indicating weak trader participation. **๐ฏ Attractive forecasts**: - **Bullish scenario**: If it rebounds from **0.0276** (previous low), it might target **0.0300** as the first resistance. - **Bearish scenario**: Breaking **0.0276** could open the door for a drop to **0.0250**! #MarketRebound
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
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