🔴 $MUBARAK USDT BEARISH CONSOLIDATION – SELL PRESSURE COULD TRIGGER FRESH LOWS
$MUBARAKUSDT is trading at 0.03627 (-2.16%), consolidating below the previous support zone turned resistance at 0.03636. Price remains trapped in a bearish channel, reflecting a potential continuation towards lower levels if it fails to reclaim above the resistance block.
📉 TRADE SETUP
Short Entry: 0.03627 - 0.03636
Take Profit 1: 0.03513
Take Profit 2: 0.03512
Stop Loss: 0.03671
💡 MARKET OUTLOOK
Momentum is bearish with selling volume dominating recent candles. If price remains capped below 0.03636, downside extension towards 0.03512 support zone is expected. Traders should watch for a decisive breakdown to confirm this bearish outlook.
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buy and trade here on $MUBARAK