$MUBARAK /USDT – SHORT TRADE SIGNAL 🔴
DOUBLE TOP FORMATION NEAR RESISTANCE
BUYING VOLUME DECLINING
REVERSAL CANDLE CONFIRMED
$MUBARAK hit a local high at $0.03888 but failed to break above it on the second attempt. A potential double top has formed, accompanied by weakening volume and a bearish engulfing candle—signaling exhaustion.
🔴 Short Trade Setup
Entry Zone: $0.0378 – $0.0382
Take Profit: $0.0355
Stop Loss: $0.0392
Market Outlook:
Momentum fading after a vertical rally. A correction toward support zones is likely if $0.0388 continues to hold as resistance.
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