on the contrary, it is increasing, perhaps it reaches 0,04
Post
Guru_Traders
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Bearish🚨$MUBARAK Usdt 💥 Strong Rejection at Resistance | Short Opportunity 🔻
Price tested the 0.02254 resistance zone but faced a clear rejection ❌
A long upper wick shows strong selling pressure at the top.
🐻 Sellers are stepping in
⚠️ Bulls failed to hold above resistance
🔴 Trade Bias: SHORT
Resistance Zone: 0.02250 – 0.02255
Entry: After rejection confirmation
Targets:
🎯 0.02000
🎯 0.01950
Stop Loss: Above 0.02260
📉 Technical Insight
✔️ Liquidity grab at highs
✔️ Fake breakout trap
✔️ High-probability pullback / continuation to downside
Price tested the 0.02254 resistance zone but faced a clear rejection ❌
A long upper wick shows strong selling pressure at the top.
🐻 Sellers are stepping in
⚠️ Bulls failed to hold above resistance
🔴 Trade Bias: SHORT
Resistance Zone: 0.02250 – 0.02255
Entry: After rejection confirmation
Targets:
🎯 0.02000
🎯 0.01950
Stop Loss: Above 0.02260
📉 Technical Insight
✔️ Liquidity grab at highs
✔️ Fake breakout trap
✔️ High-probability pullback / continuation to downside
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