$MUBARAK Sell-Off Alert – Liquidation Spike at $0.03549
A long liquidation of $1,143 just occurred at $0.03549, a clear sign of a weak-handed exit and growing selling pressure.
Key Levels to Watch:
Price has broken below its short-term support at $0.036, now flirting with bearish territory.
If downside continues, the next support zone is $0.032, while resistance now looms near $0.038.
Current Trend:
The market has turned defensive, with volume leaning toward sellers.
Unless bulls regain control quickly, MUBARAK could continue sliding toward the lower support.
Strategic Trade Idea:
Buy Entry: $0.0322–$0.033 (ideal if price stabilizes with low volume)
Sell Target: $0.0375–$0.0385
Stop Loss: $0.0308 to safeguard against further downside
Quick Insight: This could be a fakeout if the $0.035 level is reclaimed swiftly. Look for bullish divergences on lower timeframes to spot potential reversals early.
#TradeStories #BTCtrade #CryptoComeback #TradeOfTheWeek #MostRecentTrade
A long liquidation of $1,143 just occurred at $0.03549, a clear sign of a weak-handed exit and growing selling pressure.
Key Levels to Watch:
Price has broken below its short-term support at $0.036, now flirting with bearish territory.
If downside continues, the next support zone is $0.032, while resistance now looms near $0.038.
Current Trend:
The market has turned defensive, with volume leaning toward sellers.
Unless bulls regain control quickly, MUBARAK could continue sliding toward the lower support.
Strategic Trade Idea:
Buy Entry: $0.0322–$0.033 (ideal if price stabilizes with low volume)
Sell Target: $0.0375–$0.0385
Stop Loss: $0.0308 to safeguard against further downside
Quick Insight: This could be a fakeout if the $0.035 level is reclaimed swiftly. Look for bullish divergences on lower timeframes to spot potential reversals early.
#TradeStories #BTCtrade #CryptoComeback #TradeOfTheWeek #MostRecentTrade
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MUBARAK
0.0382
+24.83%
CHESS
0.0762
+10.59%
FIO
0.02053
+21.91%