$MUBARAK /USDT – BEARISH TREND CONTINUES, SUPPORT TEST NEAR
$MUBARAK is down -10% today, extending its fall from $0.0418 towards the $0.0358 low. Weak bounce attempts have been rejected near $0.0371, showing sellers still dominate the trend.
Trade Setup
Entry Zone: $0.0368 – $0.0371 (short entry on weak retest)
Take Profit (TP):
TP1: $0.0364
TP2: $0.0359 (recent low)
TP3: $0.0355 (extended target)
Stop Loss (SL): $0.0375 (above resistance)
Market Outlook
Price action shows a persistent downtrend, with resistance holding strong.
If $0.0358 breaks, downside continuation toward $0.0355 or lower is possible.
Bulls need a breakout above $0.0375 to shift short-term momentum.
⚠ Bearish control remains — caution for longs until $0.0375 is reclaimed.
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