$MUBARAK – Rejection from the display area

False breakout above resistance

Strong selling pressure on the candle

Loss of momentum by the bulls quickly

MUBARAK faced sharp rejection near resistance at $0.03567, showing signs of a potential reversal after a rapid rise.

🔴 Short trade setup

• Entry: $0.03482

• Take profit (TP): $0.03321

• Stop loss (SL): $0.03567

Market outlook: Watch for continued movement below $0.03466 - sellers may regain control again.

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