$MUBARAK /USDT short tread single 🔴 🚦
SHORT SIGNAL – REJECTION FROM LOCAL TOP INDICATES BEARISH PRESSURE!
$MUBARAK pumped quickly to $0.0406 but failed to hold above that level, showing a sharp rejection candle on the 15-minute chart. Price is now pulling back with volume cooling and early signs of lower high formation. Bears may soon take control if $0.0395 breaks.
Trade Setup (SHORT):
Entry: $0.03980 – $0.04030
Target 1: $0.03850
Target 2: $0.03720
Stop Loss: $0.04080
Why Short?
Price failed to sustain above resistance and is now forming a bearish engulfing candle. RSI likely cooling down from overbought, and volume divergence signals fading buying interest. Breakdown below $0.0395 could accelerate a correction.
Risk Management Tip:
Always respect your stop loss. Avoid late entries — if price reclaims $0.0406, momentum flips bullish. Trade with discipline.
Don’t let this breakout fake you — react to the rejection and follow the trend reversal!
Ride the momentum before it fades — profits favor the fearless!
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buy and trade here on $MUBARAK