$MUBARAK is up 2.1 percent today but look at who is selling to you
When you buy a coin near the top of its range someone else is taking profit
Look at the numbers on $MUBARAK right now
The price is 0.05561 sitting at 36 percent of the daily range
That means sellers pushed it down from the 0.05900 high
It is also 33.5 percent below the 7 day high of 0.08361
Volume is only 0.5x average so the momentum is fading fast
Chasing this means you are buying from the people who got in lower
The math always favors the seller who bought the dip
Always wait for volume to confirm a breakout before entering
What is your personal rule for avoiding bad breakouts
#MUBARAK #TradingTips
When you buy a coin near the top of its range someone else is taking profit
Look at the numbers on $MUBARAK right now
The price is 0.05561 sitting at 36 percent of the daily range
That means sellers pushed it down from the 0.05900 high
It is also 33.5 percent below the 7 day high of 0.08361
Volume is only 0.5x average so the momentum is fading fast
Chasing this means you are buying from the people who got in lower
The math always favors the seller who bought the dip
Always wait for volume to confirm a breakout before entering
What is your personal rule for avoiding bad breakouts
#MUBARAK #TradingTips