$MUBARAK — 0.02728 channel capping the rebound, empty move soon...
Trade Plan: Short $MUBARAK
Entry: 0.027 - 0.029
SL: 0.03035
TP: 0.02136 | 0.01680 | 0.01206
Why this Setup?
Price is pressing into the descending channel around 0.02728, where sellers are attempting to cap the recovery. A rejection from this zone could trigger a deeper move toward 0.02136, followed by 0.01680 and potentially 0.01206. As long as 0.03035 holds, the bearish setup remains valid.
Click Here to Trade 👇 $MUBARAK
Trade Plan: Short $MUBARAK
Entry: 0.027 - 0.029
SL: 0.03035
TP: 0.02136 | 0.01680 | 0.01206
Why this Setup?
Price is pressing into the descending channel around 0.02728, where sellers are attempting to cap the recovery. A rejection from this zone could trigger a deeper move toward 0.02136, followed by 0.01680 and potentially 0.01206. As long as 0.03035 holds, the bearish setup remains valid.
Click Here to Trade 👇 $MUBARAK
