$MUBARAK USDT – BEARISH BREAKDOWN ZONE! NEXT LEG LOWER IN SIGHT!
🔍 TECHNICAL ANALYSIS – BEARISH OUTLOOK
Current Price: $0.0331
24h Change: -5.16%
24h Range: High – $0.0353 | Low – $0.0325
24h Volume: 202.79M (MUBARAK) | 6.84M (USDT)
$MUBARAK USDT is under heavy selling pressure after failing to reclaim the $0.035 zone. The pair has continued its downward channel, losing over 35% in the past 30 days, with lower highs forming consistently. Weak bullish attempts are being absorbed near resistance, signaling continued seller control.
⚠️ KEY LEVELS
Support Zones:
$0.0325 – 24h low, critical short-term support
$0.0310 – Previous demand zone, next likely target
$0.0300 – Psychological and historical base support
Resistance Zones:
$0.0345–$0.0355 – Rejection range with sell walls
$0.0365 – Minor swing high
$0.0380 – Structure breaker for short-term trend reversal
🔴 TRADE SETUP: SHORT
Entry Zone: $0.0332–$0.0338 (bounce to retest resistance possible)
Stop Loss: $0.0358 (above key resistance zone)
Targets:
TP1: $0.0320
TP2: $0.0305
📉 SHORT MARKET OUTLOOK
The MUBARAK chart suggests continued weakness, with volume favoring sell-side dominance. With no bullish reversal structure confirmed and repeated rejections around $0.035, this asset is at risk of breaking below $0.0325. Unless there’s strong volume and breakout above $0.0365, the trend remains bearish.
Given the downtrend across weekly and monthly charts, short-term rallies are likely to be sold into.
🛡️ RISK MANAGEMENT
Keep trade risk between 1–2% of your capital
Use tight SL near resistance
Lock in profits at TP1 and trail remaining position
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