📉 $MUBARAK /USDT – SHORT TRADE SIGNAL!
Market Overview:
$MUBARAK is trading at 0.03546, up +8.21% in the last 24H. After reaching a high of 0.03620, the price is struggling to hold momentum and showing consolidation with bearish pressure beginning to form. A rejection around the upper resistance area signals the potential for a short-term pullback.
🔑 Key Levels
Resistance: 0.03600 – 0.03620
Support: 0.03480 – 0.03420
24H Range: 0.03265 – 0.03620
🎯 Short Trade Setup
Entry Zone: 0.03540 – 0.03560
🎯 TP1: 0.03480
🎯 TP2: 0.03440
🎯 TP3: 0.03420
🛑 Stop Loss: 0.03630
💡 Pro Tip: $MUBARAK has been showing quick swings after spikes; a break below 0.03480 could accelerate downside momentum. Patience and proper stop-loss placement are key for this trade.