Sell trade signal on pair $MUBARAK /USDT 🚦🛑
MUBARAK
Bearish collapse - Rejection of the supply zone confirms selling pressure
The pair $MUBARAK faced strong rejection near the supply zone between $0.03990 and $0.04050, failing to reclaim the previous support level that turned into resistance. This was followed by a sharp collapse, and the price is now re-testing the lower supply zone, which could form a bearish continuation pattern on the 30-minute chart.
Trading setup (Short Sell):
Entry price: $0.03840 - $0.03890
Target 1: $0.03625
Target 2: $0.03520
Stop loss: $0.03980
Market outlook:
With increasing selling volume and the price's inability to break the upper structure, bearish momentum is likely to continue. The clear rejection from the gray re-test zone indicates that bears are still in control. Confirmation of the breakout strengthens below $0.03800.
Don't miss this vertical breakout - a smart entry could lead to strong exits!
This is your chance - ride the bearish wave before it fades away!
Buy and trade here on $MUBARAK