Market Update: MKR/USDT_
_Date:_ October 24, 2024
_Key Highlights:_
‣ 2.56% decline in 24 hours
‣ Current Price: $1,104
‣ 24h High: $1,133
‣ 24h Low: $1,091
‣ 24h Vol (MKR): 5,857.21
‣ 24h Vol (USDT): 6.49M
_Technical Analysis:_
‣ MA(7): 1,105
‣ MA(25): 1,120
‣ MA(99): 1,236
‣ Consolidation phase, potential reversal
_DeFi Insight:_
‣ MakerDAO's branding reconsideration sparks community interest
_Key Levels:_
‣ Resistance: $1,133
‣ Support: $1,091
_Investor Takeaway:_
‣ MKR's correction may present buying opportunities
_Source:_ Market Update
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