$MUBARAK /USDT short trade signal 🚦 🛑
BEARISH FAKEOUT ALERT – STRONG REJECTION SIGNALS DOWNSIDE MOVE!
$MUBARAK/USDT witnessed a sharp rejection from the $0.03100 resistance zone after a quick spike above the supply area. The price has now fallen back below the breakout level, confirming a possible fakeout. This suggests sellers are gaining control and a retracement toward the lower support zone is likely.
Trade Setup:
Short Entry: $0.02890 – $0.02910
Take Profit (TP): $0.02700
Stop Loss (SL): $0.03120
Market Outlook:
The market failed to hold above the key resistance, triggering a bearish reversal pattern. If price stays below $0.02950, downside pressure may continue. A drop to previous demand around $0.02700 is expected. Caution is advised during volatility spikes.
buy and trade here on $MUBARAK
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