$MUBARAK /USDT: COOLING OFF OR LOSING STEAM❓🚂
After a solid push from $0.03541 to $0.05015 earlier this week, #MUBARAK has entered a notable pullback phase. It’s now trading around $0.04183, down 12.54% in the last 24 hours❗
The 4H chart shows steady red candles following the peak, pointing to continued selling pressure. But we’re also seeing early signs of consolidation near the $0.041–$0.042 level a possible support zone forming...
📊 Key Chart Observations:
🔹 Support zone: $0.041–$0.042 holding for now
🔹 Resistance ahead: $0.044–$0.045 if bulls return
🔹 Volume active: 262.03M (USDT vol: 11.36M) signals traders are engaged
🔹 Trend check: Strong rally, followed by sharp correction momentum in question
🔹 Breakdown risk: Below $0.041, next supports are $0.038 and $0.035
With the broader trend still fresh, this could either be a healthy cooldown before another leg up or a shift in control back to sellers.