$MUBARAK /USDT — BEARS STILL IN CONTROL, BUT WATCH FOR SUPPORT REACTION
$MUBARAK has been trading under pressure after failing to hold above 0.04010, with the price finding short-term support at 0.03612. The current consolidation around 0.03754 suggests the market is in a pause phase, but without a strong bullish push, further downside toward the support zone remains possible.
Trade Setup (Short):
Entry Zone: 0.03760 – 0.03780
Target 1: 0.03680
Target 2: 0.03620
Stop Loss: 0.03850
Market Outlook:
Trend remains bearish in the short term unless price breaks and sustains above 0.03850. A drop below 0.03612 could trigger fresh selling pressure, while holding this support might attract bargain hunters.
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