$MUBARAK /USDT – Bearish Pressure After Rejection!

Current Price: $0.0534

After failing to hold above $0.060, $MUBARAK is showing signs of weakness with declining momentum and a breakdown below short-term moving averages.

Trade Setup (Short):

Entry Zone: $0.0535 – $0.0555

TP1: $0.0500

TP2: $0.0455

TP3: $0.0395

SL: $0.0605

Key Observations:

Price rejected from $0.0608 resistance

Volume dropping on each bounce – signs of distribution

Pro Tip:

If we see a 1H close below $0.0525 with volume increase, it could accelerate the downside toward the $0.04 zone.

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