🚨$MUBARAK
MUBARAKUSDT
Perp
0.01673
+8.42%
BEARISH SETUP: PULLBACK EXPECTED
The $MUBARAK chart shows signs of bearish pressure after price faced rejection near the 0.01720–0.01750 resistance zone. Lower highs on the 1H timeframe indicate sellers are gaining control. A break below immediate support at 0.01650 could trigger further downside, offering a shorting opportunity.
Entry: Short near 0.01680–0.01720 resistance
Targets:
TP1: 0.01600
TP2: 0.01550
TP3: 0.01500
Stop Loss: Above 0.01750 resistance
Risk Management: Risk 1–2% per trade, scale out partially at each target to secure profits.