$MUBARAK /USDT — SHORT | CONF 92%
Trade Plan:
Entry: 0.06050 – 0.06320
Stop Loss: 0.06620
TP1: 0.05750
TP2: 0.05350
TP3: 0.04950
Why this setup?
1H chart shows a very sharp vertical rally.
RSI(6) = 76.34, indicating strong short-term overextension.
Recent high 0.06357 is the key resistance.
Order book shows 66.96% sell-side vs 33.04% buy-side.
Price is struggling around the 0.060–0.0635 area after the pump.
Confirmation: 1H rejection from 0.0625–0.0636 + close below 0.05950.
Invalidation: Strong 1H close above 0.06620.
Do not short blindly after a pump. If MUBARAK breaks 0.06357 with strong volume, wait for a new setup.
Debate: Will $MUBARAK reject 0.06357 or break into a new high?
$MUBARAK
Trade Plan:
Entry: 0.06050 – 0.06320
Stop Loss: 0.06620
TP1: 0.05750
TP2: 0.05350
TP3: 0.04950
Why this setup?
1H chart shows a very sharp vertical rally.
RSI(6) = 76.34, indicating strong short-term overextension.
Recent high 0.06357 is the key resistance.
Order book shows 66.96% sell-side vs 33.04% buy-side.
Price is struggling around the 0.060–0.0635 area after the pump.
Confirmation: 1H rejection from 0.0625–0.0636 + close below 0.05950.
Invalidation: Strong 1H close above 0.06620.
Do not short blindly after a pump. If MUBARAK breaks 0.06357 with strong volume, wait for a new setup.
Debate: Will $MUBARAK reject 0.06357 or break into a new high?
$MUBARAK
