$MUBARAK /USDT – Downtrend Signal for Spot and Futures

Current Price: $0.04513

Today’s Gain: +7.38%

24h Volume: 294.77 Million MUBARAK

Market View:

MUBARAK price touched $0.04800 but faced heavy selling. The price is now moving lower with lower highs and weak recovery. Sellers are in control on lower timeframes.

Key Levels:

Resistance: $0.04560 and $0.04620

Support: $0.04480 and $0.04420

Trade Plan:

Short Entry: Below $0.04500

Stop Loss: Above $0.04560

Target 1: $0.04480

Target 2: $0.04420

Target 3: $0.04350

Summary:

$MUBARAK is showing a clear downtrend. If price stays below $0.04560 and breaks $0.04500, further drop is possible. Short positions can be considered with proper risk management.