$MUBARAK USDT SHORT TRADE SIGNAL 🔴 — REJECTION AT RESISTANCE, BEARS BACK IN CONTROL!
Price failed to hold above the 0.0370 breakout zone and got instantly rejected with a strong bearish engulfing candle. This indicates a trap breakout, shifting momentum back toward sellers. Expect a move downward as the market re-tests lower demand zones.
🔻 Trade Setup:
Entry Zone: 0.0365 – 0.0367
Stop Loss: 0.0376
Take Profits:
• TP1: 0.0358
• TP2: 0.0350
• TP3: 0.0345
Margin: 2–3% of wallet
Leverage: 10x
📉 Market Outlook:
Momentum has turned bearish on the 30m timeframe after a liquidity grab above resistance. The price structure shows lower highs forming, and volume is aligning with the breakdown. As long as 0.0370 holds as resistance, continuation to the downside is likely.
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buy and trade here on $MUBARAK