š Trading Signal: $MUBARAK /USDT
š° Pair: $MUBARAK /USDT (Binance)
ā° Timeframe: 15m (EMA + RSI Setup)
š Setup:
MUBARAK is trading at $0.0295, following a strong downtrend from $0.032. Price remains below all EMAs, confirming bearish pressure. However, RSI (~48) suggests short-term relief could push price back into the $0.0300ā$0.0302 zone, where strong resistance sits. Unless bulls reclaim above $0.031, rallies are likely to be sold into.
š Signal: SHORT
Entry Zone: $0.0300 ā $0.0302 (on rejection)
Targets:
šÆ TP1: $0.0290
šÆ TP2: $0.0285
Stop-Loss: $0.0305
ā ļø If price closes above $0.031, bearish setup is invalid, and buyers may attempt a reversal.