🛑$MUBARAK

MUBARAK

0.01654

+9.17%

BEARISH SETUP: PULLBACK EXPECTED AFTER REJECTION

The $MUBARAK chart suggests a bearish corrective move after a sharp upside expansion. Price faced rejection near the 0.01700–0.01720 resistance zone, signaling buyer exhaustion. On the lower timeframe, momentum is weakening and structure hints at a potential lower high formation. A confirmed breakdown below the short-term support zone could accelerate selling pressure toward deeper levels.

Entry: Short near 0.01680–0.01700 resistance zone

Targets:

TP1: 0.01600

TP2: 0.01550

TP3: 0.01500

Stop Loss: Above 0.01730

Risk Management: Risk only 1–2% per trade and secure partial profits at each target to protect capital during volatility.

#TechnicalAnalysis #BearishSetup #CryptoTrading