EVERYONE Talking about #Mubarak💀 that it'll never go up but this is not possible these all dips are temporary don't worry guy's...$MUBARAK Dips Again: Bulls Losing Steam After Hitting Resistance❗$MUBARAK is slipping lower after hitting a 24-hour high of $0.0878, now trading at $0.0706, down 18.94% in the last 24 hours. Despite a brief bounce from $0.0650, the price is struggling to maintain upward momentum.
Why the Drop?
Stoch RSI (0.00): Deep in the oversold zone, indicating strong bearish momentum with minimal buying pressure.
Failed Breakout: Price rejected after touching $0.0756, suggesting selling pressure is still dominating.
Volume Shift: Despite 53.96% buy pressure, weak follow-through indicates hesitation from buyers.
Key Levels to Watch:
Immediate Support: $0.0673 — If this level breaks, expect a retest of $0.0650.
Resistance Zones: $0.0750 – $0.0765 — Bulls need to push above this range for a meaningful reversal.
Potential Scenarios:
⚠️ Bearish Case: If MUBARAK/USDT fails to hold above $0.0673, it could test $0.0650 again, with further downside possible.
🔎 Caution Ahead: The bearish momentum is strong, and unless a sharp increase in buying volume occurs, MUBARAK/USDT could remain under pressure. Watch for a possible trend shift before taking new positions!
buy and trade here $MUBARAK