$MUBARAK /USDT – Short Trade Opportunity
MUBARAK has shown consistent weakness after failing to hold above its resistance zone near 0.0360–0.0361. The chart now reflects a clear bearish structure with strong selling pressure dragging price back toward its lower support levels. With momentum fading and candles printing red, the probability of a further downside move has increased.
Entry: 0.0339
Targets:
Target 1: 0.0332
Target 2: 0.0328
Target 3: 0.0324
Stop-Loss: 0.0353
Risk Management: Allocate only 3–5% of capital for this trade. Once Target 1 is achieved, adjust stop-loss to entry level to secure the position.
Pro Tip: Watch volume closely — if sell volume increases, the move towards lower support levels could accelerate, offering quick profits for disciplined short traders.