On the contrary, the opportunity is now favorable for buying and holding it.
Ghania_CryptQueeN
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Bearish
$MUBARAK No positive event for Mubarak since his appearance on the platform 😣😓 Always diving downwards 🛑🚧 ⚡ 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 💨 Invest in the Mubarak coin, it doesn't know how to leap off the cliffs **🚨 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. **🎯 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
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