๐ด $MUBARAK โ FUTURES SHORT ๐ | Bearish Breakdown Setup
MUBARAK is down 20.05% in 24 hours, with a strong sell-off and rising volume. Price has bounced from $0.05378, so avoid chasing the drop. Wait for a pullback into resistance and bearish confirmation before entering.
๐ Entry Zone: $0.0580โ$0.0600
๐ Stop Loss: $0.0620
๐ฏ TP1: $0.0550
๐ฏ TP2: $0.0538
๐ฏ TP3: $0.0510
โก Leverage: 10xโ20x
๐ฐ Risk Management: Risk maximum 1% of total capital.
๐ Technical Context
โข Current Price: $0.05667
โข Resistance: $0.0580โ$0.0630
โข Immediate Support: $0.05378
โข Price remains below the falling Bollinger middle band ($0.06308).
โข Selling volume has increased, but a short-term rebound is underway.
โ ๏ธ Confirmation: Short only after rejection near the entry zone. A strong break above $0.0620 invalidates this setup. If price loses $0.05378, wait for a retest rather than entering blindly.
Trade $MUBARAK Here ๐
โ ๏ธ Not financial advice. Levels are based on your screenshot and can change quickly. Use a stop-loss and verify the live price before trading.
#MUBARAK #altcoins #CryptoTrading #Binance #FuturesTrading
MUBARAK is down 20.05% in 24 hours, with a strong sell-off and rising volume. Price has bounced from $0.05378, so avoid chasing the drop. Wait for a pullback into resistance and bearish confirmation before entering.
๐ Entry Zone: $0.0580โ$0.0600
๐ Stop Loss: $0.0620
๐ฏ TP1: $0.0550
๐ฏ TP2: $0.0538
๐ฏ TP3: $0.0510
โก Leverage: 10xโ20x
๐ฐ Risk Management: Risk maximum 1% of total capital.
๐ Technical Context
โข Current Price: $0.05667
โข Resistance: $0.0580โ$0.0630
โข Immediate Support: $0.05378
โข Price remains below the falling Bollinger middle band ($0.06308).
โข Selling volume has increased, but a short-term rebound is underway.
โ ๏ธ Confirmation: Short only after rejection near the entry zone. A strong break above $0.0620 invalidates this setup. If price loses $0.05378, wait for a retest rather than entering blindly.
Trade $MUBARAK Here ๐
โ ๏ธ Not financial advice. Levels are based on your screenshot and can change quickly. Use a stop-loss and verify the live price before trading.
#MUBARAK #altcoins #CryptoTrading #Binance #FuturesTrading