🚨 $MUBARAK is failing exactly where continuation should happen.

🔴 SHORT $MUBARAK

MUBARAKUSDT

دائم

0.01616

-18.30%

Entry: $0.01928 - $0.01932

SL: $0.02150

TP1: $0.01870

TP2: $0.01800

TP3: $0.01720

Price is struggling to hold above EMA(50) at $0.01938 after a sharp rejection from the 24h high ($0.02142). EMA(20) at $0.01999 is now acting as resistance, with momentum clearly stalling. Order flow shows 51.50% ask pressure, indicating sellers are stepping in at this breakdown level.

Invalidation is a daily close back above the recent high at $0.02150, which would signal genuine momentum.

Are you shorting this rejection or waiting for a clean breakdown?