🚀 $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


