$MUBARAK /USDT short trade signal 🛑 🚦

BEARISH SETUP: WEAK MOMENTUM AFTER REJECTION SIGNALS POTENTIAL DOWNSIDE MOVE!

Price action has shown a clear rejection near the 0.02766 level, marking a strong short-term resistance. The recent upward move lacked volume confirmation, and price failed to hold above the breakout zone, suggesting a possible reversal. A short opportunity arises as the price fails to sustain higher highs and dips below the recent supply area.

Trade Setup:

Short Entry: 0.02674

Take Profit (TP): 0.02530

Stop Loss (SL): 0.02766

Market Outlook:

Bearish momentum is likely to strengthen if price breaks below 0.02660 with volume. The highlighted support zone around 0.02530 is a key level where buyers may attempt to step in. However, if that level fails, expect further downside. Traders should manage risk accordingly and avoid chasing bounces without confirmation.

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