$MBL USDT Bearish Pullback After Rejection – Short Opportunity

Price faced a strong rejection near the 0.00094 resistance zone and sellers stepped in aggressively. The chart now shows a lower high formation with consecutive bearish candles, indicating short-term downside pressure. If momentum continues, a corrective move toward lower support levels is likely. 📉

Trade Setup (Short):

Entry Range:

0.000922 – 0.000926

Targets:

Target 1: 0.000918

Target 2: 0.000914

Target 3: 0.000909

Stop Loss (SL):

0.000935

Key Levels:

Resistance: 0.000935 – 0.000940

Support: 0.000918 / 0.000914

Market Outlook:

After a sharp upward spike, the market shows profit-taking and weakening bullish momentum. If price remains below 0.000935, bears may push the price toward the 0.000914–0.000909 support zone.

⚠️ Manage risk properly and avoid over-leveraging.

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