🔻 $MBOX USDT BEARISH REVERSAL – SELLERS PRESSURE AFTER STRONG SPIKE!

Key Levels:

Support: $0.0477 (24h low)

Resistance: $0.0640 (24h high)

Current Price: $0.0547

Trade Setup (Short Entry):

Entry Zone: $0.0545 – $0.0555

Targets:

🎯 TP1: $0.0520

🎯 TP2: $0.0500

🎯 TP3: $0.0480

Stop Loss: $0.0575

Market Outlook:

MBOXUSDT showed a sharp pump towards $0.0640 but faced heavy rejection, forming a lower high pattern on the hourly timeframe. Current price action indicates weakening bullish momentum with potential further downside towards the strong support zone near $0.0480.

Risk Management:

Keep strict SL, risk 1-2% per trade. Wait for retest rejection before entry to avoid trap zones in volatile moves.

💡 Comment 🐻 if you see this bearish opportunity lining up!

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