$MUBARAK /USDT Bounce or Breakdown? Decision Time Ahead!❗🔻
Buy And Take Profit $MUBARAK
Current Range: $0.0445 – $0.0455
After a heavy dump from $0.0714 to $0.0414, $MUBARAK is trying to catch a breath — but momentum still favors the bears.
📉 Short Trade Setup:
• Entry Zone: $0.0445 – $0.0455
• TP1: $0.0418
• TP2: $0.0395
• TP3: $0.0360 (if sell pressure spikes)
• Stop-Loss: Above $0.0472
📊 Key Zones:
• Resistance: $0.0455 – $0.0480
• Support: $0.0414 – $0.0395
🧠 Market Insight:
The bounce is weak and struggling near resistance — no bullish momentum confirmed. If volume fades again around $0.0450, a rejection is likely, triggering a deeper slide.
💡 Pro Tip:
Watch for upper wick rejections near $0.0450 with low volume — that’s your cue to jump in. Breakdown mode could accelerate fast from there!
Don’t trust the bounce until it proves itself — bears still in control!