🔴 $MUBARAK /USDT – SHORT SIGNAL

Trade Plan:

Direction: SHORT 📉

Entry: 0.04020 – 0.04100

Stop Loss (SL): 0.04220

Take Profit Targets:

TP1: 0.03900

TP2: 0.03750

TP3: 0.03550
Trade here $MUBARAK

Analysis:

Price down 7.03% in 24 hours.

Strong rejection from the 0.04435 resistance zone.

Trading close to 24h low (0.03976).

7-day performance: -14.13%.

30-day performance: -44.06%.

Recent selling pressure indicates weak bullish momentum.

Short-term trend appears bearish despite strong longer-term gains.

Confirmation: A clean 15m/1h candle close below 0.03975 with increasing selling volume could confirm further downside.

Risk-to-Reward:

TP1: Approximately 1:0.7

TP2: Approximately 1:1.5

TP3: Approximately 1:2.4

⚠️ Important: Price is near support. Avoid chasing the drop. Prefer a pullback rejection or confirmed breakdown before entering. Risk only 1–2% of trading capital.

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