$MUBARAK /USDT WEAK RECOVERY AFTER SHARP SELL-OFF — BEARS STILL IN CONTROL

$MUBARAK /USDT experienced a heavy dump from the $0.0662 zone and is now struggling to recover above $0.0580. Despite a brief bounce, the structure on the 15-minute chart shows continued lower highs, indicating persistent bearish momentum. Volume has also faded, suggesting weak buying interest.

Trade Setup (Short):

Entry: $0.0585 – $0.0595

Take Profit: $0.0560 / $0.0545

Stop Loss: $0.0608

Market Outlook:

Unless the price breaks above $0.0600 with strong bullish volume, downside continuation remains the more likely scenario. Traders should watch for a breakdown of $0.0570 to confirm further weakness.

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