$MKR

/USDT Technical Analysis

MKR is showing strong momentum in the DeFi market with a current price of $1,261, up by +8.61%. Let’s dive into the key support and resistance levels that could set the next targets:

🎯 Target 1: $1,280

This level marks the nearest resistance, with bullish momentum pushing towards a breakout. If MKR maintains its current strength, we could see this level tested soon.

🎯 Target 2: $1,300

A move above $1,280 would bring $1,300 into focus, where traders may see intensified buying action, likely strengthening the rally.

🎯 Target 3: $1,320

This is a crucial zone, as a successful breach here would signal a potential uptrend, possibly setting MKR up for further gains.

Key Indicators:

24h High: $1,271

24h Low: $1,158

Volume: 25,617.94 MKR / 31.44M USDT

Keep an eye on these levels for optimal trading opportunities!