$MUBARAK USDT – BEARISH PRESSURE MOUNTING BELOW KEY RESISTANCE!

REPEATED REJECTIONS BELOW $0.049

LOWER HIGHS SIGNAL SELL-SIDE DOMINANCE

$MUBARAK USDT is showing signs of weakness after multiple failed attempts to break above $0.04990. The price is now trading at $0.04611 with a bearish engulfing candle on the 4H chart, confirming a shift in momentum as bulls lose grip.

Volume remains steady, but selling pressure has increased noticeably near the top. The recent structure suggests a lower high pattern, with downside risk toward the $0.04400–$0.04297 support zone.

SHORT SETUP

Entry: $0.04600

TP1: $0.04430

TP2: $0.04280

SL: $0.04720

A breakdown below $0.04550 may accelerate the move lower. Until price reclaims and holds above $0.04850 with strength, the bias remains bearish.

Sellers taking control — downside continuation likely.

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