📉 $MUBARAK /USDT (4H) — Bears Still in Control Below Key Averages
The price remains subdued under the 99 MA, with every rally attempt facing rejection. Consistent lower highs indicate ongoing selling pressure.
🔻 Support Levels
• $0.0312 – Local support where last bounce occurred
• $0.0280 – Deeper support seen in mid-May
• $0.0240 – Consolidation demand zone from April
🔼 Resistance Zones
• $0.0355 – Overlap of 25 & 99 MAs
• $0.0380 – Breakdown level from mid-June
• $0.0425 – Previous range high turned resistance
⚙️ Summary
• Bearish trend remains intact below key MAs
• A strong close above $0.0355 could shift momentum
• Until then, expect sideways action with bearish leaning
• Watch for a volume surge and reclaim of 99 MA for potential reversal