$MUBARAK is showing a possible short setup after rejecting the $0.06990 high. Price is now around $0.0586, with momentum cooling off and MACD histogram starting to weaken.
📉 MUBARAK/USDT — SHORT SETUP
Entry: $0.0598 – $0.0615
Stop Loss: $0.0705
TP1: $0.0554
TP2: $0.0529
TP3: $0.0465
The big upper wick around $0.06990 shows strong rejection. On the 1H chart, RSI(6) has dropped toward 48 and MACD is still positive but losing momentum.
⚠️ I wouldn't chase the short at the current price. Let price retest the entry zone and confirm rejection first.
Trade carefully and use low leverage. Not financial advice. DYOR. 📉
📉 MUBARAK/USDT — SHORT SETUP
Entry: $0.0598 – $0.0615
Stop Loss: $0.0705
TP1: $0.0554
TP2: $0.0529
TP3: $0.0465
The big upper wick around $0.06990 shows strong rejection. On the 1H chart, RSI(6) has dropped toward 48 and MACD is still positive but losing momentum.
⚠️ I wouldn't chase the short at the current price. Let price retest the entry zone and confirm rejection first.
Trade carefully and use low leverage. Not financial advice. DYOR. 📉
