⚠️ $MUBARAK /USDT Bearish Reversal in Play! 📉
$MUBARAK has cooled off after a sharp 12% rally, with price firmly rejected at $0.0415 and now printing consecutive bearish candles. The breakdown of recent support confirms sellers stepping in, while volume fades on the downside retest.
🔻 Short Trade Setup
• Entry Zone: 0.03925 – 0.03955
• Take Profit 1: 0.03820
• Take Profit 2: 0.03650
• Take Profit 3: 0.03480
• Stop Loss: 0.04180
📊 Market Insight:
Bearish engulfing and fading momentum suggest the pump is likely exhausted, opening the door for a deeper correction. A tight SL above the rejection zone protects against a fakeout, while partial profits can be locked in on each downside target.
👉 Stay sharp if volume spikes back up, reassess quickly, but for now this breakdown has strong bearish confirmation.
