Technical Analysis: $MKR
/USDT
š Current Price: $1,281
š 24h Change: +8.38%
š 24h High: $1,294 | 24h Low: $1,181
Key Levels to Watch:
1. Support Level: $1,197
The current support level at $1,197 is crucial for buyers to defend. A sustained hold above this level could indicate further bullish momentum.
2. Resistance Level 1: $1,294
The first resistance level is at $1,294. If MKR breaks above this point, we could see an acceleration in buying pressure, aiming for higher targets.
3. Target Price: $1,350
If momentum continues, a bullish breakout past $1,294 could lead MKR towards the target price of $1,350. This level is significant as it marks a previous high, providing potential profit-taking opportunities.
Trading Volume Insights:
24h Volume (MKR): 24,859.21
24h Volume (USDT): 30.84M
#BinanceBlockchainWeek #USADPSurges #16thBTCWhitePaperAnniv #USJobOpeningsDip #CryptoPreUSElection
