⚠️ $MBOX USDT — Bearish Continuation Setup 📉

MBOX
MBOXUSDT
0.0138
+6.89%

After a sharp pump, price is now forming a clear distribution phase with consistent lower highs — indicating fading bullish momentum.

💡 What’s happening?

• Strong rally → followed by rejection at 0.0193 🚀

• Price losing MA(25) support → weakness confirmed

• Lower highs + declining volume → sellers in control

• No strong bounce → demand drying up

📊 Trade Setup (Short Bias):

🔴 Entry: 0.0150 – 0.0153

🎯 Take Profit:

• TP1: 0.0145

• TP2: 0.0138

• TP3: 0.0130

🛑 Stop Loss:

• 0.0165

⚡ Outlook:

As long as price stays below 0.0165, downside continuation is likely.

Break above resistance = setup invalid.

🔥 Conclusion:

This looks like a classic post-pump dump structure — short setups favored until reversal confirmation.

$MBOX

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