🚨 $MKR /USDT ON THE RISE – WATCH FOR A BREAKOUT! 🚨

$MKR is trading at $1,876, up +6.59% in the past 24 hours. It hit a 24h high of $1,907 and a 24h low of $1,704, with a 24h trading volume of 14,803.89 MKR ($26.60M USDT).

Key Levels to Watch

Immediate Resistance: $1,900 – A breakout here could lead to further upside.

Target 1: $2,000 – A critical psychological level.

Target 2: $2,200 – Significant mid-term resistance.

Target 3: $2,500 – Major bullish target in the long run.

On the downside:

Support 1: $1,850 – Key level to sustain current bullish momentum.

Support 2: $1,700 – A critical zone for avoiding deeper corrections.

💡 Trade Setup

Bullish Scenario:

Entry: Above $1,900 for confirmation of strength.

Targets: $2,000, $2,200

Stop-Loss: Below $1,850

Bearish Scenario:

Entry: Below $1,850 if bearish pressure dominates.

Targets: $1,700, $1,600

Stop-Loss: Above $1,900

Market Sentiment

$MKR , a major DeFi token, is showing positive momentum. With recent bullish activity, it’s essential to monitor resistance at $1,900 for further moves.

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