$MUBARAK /USDT BEARISH SIGNAL ALERT 🔻
LOWER HIGH FORMATION AFTER $0.0370 PEAK 📉
REPEATED REJECTION NEAR $0.0335–$0.0345 ⚠️
PRESSURE BUILDING BELOW $0.0328 SUPPORT ZONE 🚨
$MUBARAK has been in a corrective phase since peaking at $0.0370, forming lower highs and struggling to reclaim the $0.0345 level. The current price action shows strong rejection candles with a bearish engulfing setup now forming. Volume remains elevated but selling dominates.
🔴 SHORT TRADE SETUP:
Entry Zone: $0.0327 – $0.0332
Take Profit: $0.0312 / $0.0300
Stop Loss: $0.0346
📊 Market Outlook: Momentum remains with the bears. If $0.0306 is breached again, MUBARAK could see another wave of downside toward deeper support.
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