Yello Paradisers! Are we standing on the brink of a massive breakout for #MKRUSDT, or is this bullish run about to crumble? Let’s dissect the charts and uncover the truth!
💎#MKRUSDT is holding steady at the critical support level of $1801, a pivotal zone showing early signs of a bullish continuation. If this level stays intact, a strong rally toward the next resistance zone at $2195 could be on the horizon. This $2195 level is key should we see a decisive breakout above it, supported by strong momentum and engulfing candles, it could trigger a significant bullish surge.
💎But hold on there’s no full confirmation just yet! Until we see clear evidence of sustained buying momentum above $2195, any premature entries could expose you to unnecessary risk. The game here is patience and discipline, not FOMO.
💎What happens if $1801 doesn’t hold? If this support gives way, our attention shifts to the lower Demand at $1389. A rebound here could still save the bullish setup, but a breakdown below $1389 would invalidate it entirely. This scenario would open the floodgates for a steeper decline, so traders need to be extra cautious around these levels.
Trade Smart, Paradisers, and let the charts guide you!
MyCryptoParadise
iFeel the success🌴