$MKR /USDT Analysis – Testing Key Levels Amid a Pullback
$MKR is trading at $1,791, down by 7.15% in the last 24 hours. The price shows signs of recovery from the $1,704 low, but faces strong resistance near the $1,803 moving average.
Targets for Upside Movement:
1. $1,809 – Immediate resistance, a break above could signal further strength.
2. $1,850 – A critical level to reclaim bullish momentum.
3. $1,898 – Major resistance and the next key target for buyers.
Support Levels:
$1,779 serves as the immediate support, with $1,704 being a key level to prevent further decline.
Traders should monitor volume and market sentiment as $MKR approaches these key levels.