$MUBARAK is showing signs of weakening momentum, and sellers could push price toward lower support zones if bearish pressure continues. I’m monitoring this range for a potential short opportunity, but a confirmed rejection or breakdown is important before entering.
$MUBARAK SHORT SETUP
Entry: $0.0725 – $0.0760
SL: $0.0790
TP1: $0.0700 TP2: $0.0680 TP3: $0.0660
The bearish scenario depends on sellers maintaining control. If price breaks above $0.0790, the setup is invalidated and the trade idea should be reassessed.
Avoid chasing sudden moves, manage position size carefully, and always define your risk before entering.
DYOR (Do Your Own Research). Educational only, not financial advice.
$MUBARAK SHORT SETUP
Entry: $0.0725 – $0.0760
SL: $0.0790
TP1: $0.0700 TP2: $0.0680 TP3: $0.0660
The bearish scenario depends on sellers maintaining control. If price breaks above $0.0790, the setup is invalidated and the trade idea should be reassessed.
Avoid chasing sudden moves, manage position size carefully, and always define your risk before entering.
DYOR (Do Your Own Research). Educational only, not financial advice.