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🚀 $MUBARAK — HEAVY SELLING PRESSURE REMAINS


ΧΑΝ is around $0.011977 after falling 31.51% in 24 hours. Sellers continue to dominate the short-term structure, keeping the setup firmly SHORT. Any recovery that fails near resistance could become another selling opportunity.


🎯 SHORT ENTRY ZONE:

$0.01198–$0.01225


🎯 TARGETS:

🎯 TP1: $0.01170

🎯 TP2: $0.01142

🎯 TP3: $0.01114


🛑 STOP LOSS:

Close above $0.01255


📊 SUPPORT:

S1: $0.01170

S2: $0.01142

S3: $0.01114


🚧 RESISTANCE:

R1: $0.01225

R2: $0.01255

R3: $0.01285


🔮 NEXT MOVE:

ΧΑΝ needs to reclaim $0.01255 and hold above it to weaken the bearish structure. Rejection around resistance keeps sellers in control and exposes lower support.


📈 TRADING LOGIC:

The 31.51% decline indicates significant selling pressure. The strongest bearish setup comes from a failed recovery into resistance, where sellers demonstrate that buyers still lack enough strength to reverse the trend. A sustained reclaim above $0.01255 would invalidate the immediate SHORT thesis.


⚠️ RISK NOTE:

High volatility can create sudden reversals. Use conservative position sizing and avoid excessive leverage.$BEAT$MMT #Aave restores WETH LTV ratios #Hyperliquid revenue declines amid volume growth

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