📊 MUBARAK/USDT Analysis (15m) — short setup
After a strong impulse from 0,05036 to 0,08781, the price is approaching the local high again. Right now, MUBARAK is trading around 0,08410, directly below the strong resistance at 0,0878–0,0900.
The main point — volumes are decreasing while the price tries to continue rising. This indicates weakening momentum. At the same time, RSI(6) is already around 74, and StochRSI is above 80 — the short-term overheating remains.
The price is significantly above the EMA, so there is room for a pullback.
🔴 Short setup
Aggressive entry: 0,0845–0,0875 when a reversal candle appears / when price rejects the resistance.
Conservative entry: after a break of 0,0800–0,0790 and a retest of this zone from below.
SL: 0,0905
🎯 TP1: 0,0800
🎯 TP2: 0,0770
🎯 TP3: 0,0730
The short idea remains valid as long as the price does not settle above 0,0900. If resistance is broken on strong volume, the scenario is canceled.
The key question now is: will buyers be able to break 0,0878–0,0900, or will falling volume become a precursor to a correction?
After a strong impulse from 0,05036 to 0,08781, the price is approaching the local high again. Right now, MUBARAK is trading around 0,08410, directly below the strong resistance at 0,0878–0,0900.
The main point — volumes are decreasing while the price tries to continue rising. This indicates weakening momentum. At the same time, RSI(6) is already around 74, and StochRSI is above 80 — the short-term overheating remains.
The price is significantly above the EMA, so there is room for a pullback.
🔴 Short setup
Aggressive entry: 0,0845–0,0875 when a reversal candle appears / when price rejects the resistance.
Conservative entry: after a break of 0,0800–0,0790 and a retest of this zone from below.
SL: 0,0905
🎯 TP1: 0,0800
🎯 TP2: 0,0770
🎯 TP3: 0,0730
The short idea remains valid as long as the price does not settle above 0,0900. If resistance is broken on strong volume, the scenario is canceled.
The key question now is: will buyers be able to break 0,0878–0,0900, or will falling volume become a precursor to a correction?
