$MKR
/USDT Technical Analysis
MKR is showing strong upward momentum, trading at $2,306 with a 5.73% gain in the last 24 hours. Here's a breakdown of key levels and targets for traders:
đŻ Target 1: $2,400
This level marks the 24-hour high, indicating strong resistance. A breakout above $2,400 could signal further bullish movement.
đŻ Target 2: $2,500
This is a psychological resistance level. If MKR sustains momentum, it may aim for this milestone, attracting more trading volume.
đŻ Target 3: $2,200
A critical support level, reflecting market confidence. If prices retrace, $2,200 could act as a strong buy zone for rebound traders.
Trend Insights
MKR has maintained a steady climb, supported by a 24-hour trading volume of $93.13M. DeFi interest continues to bolster its market position. Monitor key indicators like RSI and MACD for confirmation of trend strength.
Stay vigilant for market shifts and adjust your strategies to align with the trend. Where do you think MKR is headed next?