$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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