$MBOX /USDT – Potential Short Setup Alert!

💰 Current Price: $0.0434 (+11.86%)

Key Technical Levels:

Resistance: $0.0461

Support: $0.0383

24H Range: $0.0383 – $0.0461

Market Outlook:

$MBOX has shown a strong upward move but is now displaying long upper wicks — a classic sign of buyer exhaustion.

Volume is tapering off as it approaches local resistance, suggesting a potential short-term pullback.

Price is struggling to sustain above the $0.0445–$0.0461 resistance zone.

📉 Short Trade Idea:

Entry Range: $0.0435 – $0.0448

Targets:

TP1: $0.0412

TP2: $0.0395

TP3: $0.0380

Stop Loss: $0.0465

Pro Tip:

Look for confirmation — a 1H candle close below $0.0430 would strengthen this setup.

Use a trailing stop after TP1 to lock in gains during pullbacks.

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