$MUBARAK USDT – LOWER HIGH IN PLAY! BEARS DEFEND $0.0477 ZONE
• MULTIPLE REJECTIONS NEAR $0.04800
• LOWER HIGH STRUCTURE EMERGING ON 4H CHART
$MUBARAK USDT has failed to reclaim the $0.04800 resistance after a recent bounce from $0.04136. The latest candles show rejection with weakening bullish momentum, suggesting sellers are regaining control near the local top.
Trade Setup:
Short Entry: $0.04600 – $0.04680
TP 1: $0.04400
TP 2: $0.04150
Stop Loss: $0.04830
As long as price stays below $0.0477, a pullback remains likely with downside pressure building.
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