$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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buy and trade here on $MUBARAK