$MBL /USDT Short Trade Signal 📉💯
Entry Point: $0.002935 (current price)
Stop Loss (SL): $0.003100
Take Profit 1 (TP1): $0.002850
Take Profit 2 (TP2): $0.002800
Analysis:
• MBL/USDT is trending within a downward price channel.
• Resistance remains intact near $0.003100, offering a good risk-reward for a short setup.
• Price is likely to retest the lower boundary of the channel as bearish momentum builds.
Strategy:
• Enter the short at $0.002935.
• Secure profits at TP1 and TP2, moving the stop loss to breakeven once TP1 is hit.
• Manage risk as price volatility could spike near support zones.