Danger Zone for $MUBARAK – Is This a Trap or Opportunity????
Will Mubarak collapse below support or surprise with a bounce?
Market Sentiment:
Bearish momentum creeping in as Mubarak trades near crucial levels.
Short Trade Setup:
Support Levels: 0.0275 / 0.0250
Resistance Levels: 0.0310 / 0.0345
Entry Zone: 0.0275 – 0.0285
Targets:
Target 1: 0.0310
Target 2: 0.0335
Target 3: 0.0360
Stop Loss: Below 0.0250
Suggestion:
Watch for bullish reversal near 0.0275; only buy on confirmed support.
