🚀💥 $MKR /USDT UP 10.79% – IS THIS JUST THE BEGINNING? ⚡🎯
$MKR /USDT has gained momentum with a 10.79% rise, currently trading at $1,520 after hitting a 24-hour high of $1,659. This surge positions MKR as one of the top movers in the DeFi space today. Here's what traders need to know:
💡 Key Levels & Targets to Watch: 1️⃣ Immediate Resistance: $1,560 – Regaining this level could renew bullish interest. 2️⃣ Target 1: $1,650 – Testing the recent high would signal a potential return to bullish momentum. 3️⃣ Target 2: $1,750 – Breaking past $1,650 could push MKR toward this key resistance. 4️⃣ Target 3: $1,850 – Achieving this would confirm continued strength and set the stage for further gains.
📊 Technical Overview:
MA (7) at $1,556 shows short-term resistance that $MKR needs to overcome for continued upward pressure.
MA (25) at $1,474 provides medium-term support, reinforcing the trend.
MA (99) at $1,263 is long-term support, highlighting the broader uptrend.
🔍 What to Watch: Maintaining support above $1,474 (MA 25) is essential for sustaining bullish momentum. A push past $1,560 with increased volume could confirm a breakout toward higher targets.
💭 Will MKR continue its upward journey or face resistance? Share your thoughts and predictions below!
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