$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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