$MUBARAK /USDT Technical Update

Price has shown rejection near short-term resistance after the recent bullish spike and is currently trading at 0.02051. Momentum is slowing down and a signal for a short-term corrective pullback is being indicated.

Trade Setup (Short Bias):

Entry Range: 0.02050 – 0.02070

Target 1: 0.02000

Target 2: 0.01900

Target 3: 0.01800

Stop Loss: 0.02200

A short-term downside correction can be expected, as the price has shown rejection at higher resistance levels.