$MUBARAK /USDT BEARISH MOVE LIKELY AS SUPPORT LEVEL BREAKS UNDER PRESSURE

The $MUBARAK/USDT pair is showing signs of weakness after failing to hold above the key support level of 0.0293. A steady decline has brought the price down by -2.33%, and current price action suggests sellers are gaining momentum. With lower highs forming and buying interest thinning out near 0.0293, a short-term bearish continuation is expected unless a sharp reversal occurs above 0.0294.

🔹Trade Setup:

Short Entry: 0.0292

Take Profit (TP): 0.0270 / 0.0260

Stop Loss (SL): 0.0300

📉Market Outlook:

The broader trend is leaning bearish with lower support levels being tested. Unless bulls reclaim the 0.0300+ range, expect more downside pressure in the short term as liquidity favors sellers.

#CryptoTrading #MUBARAKUSDT #Altcoins #BearishTrend #CryptoAnalysis

buy and trade here on $MUBARAK