$MKR
/USDT Technical Analysis and Trade Signal
Current Price: $2,174
Momentum: Bullish (+17.01%)
Trade Signal: BUY
MKR/USDT is showing strong upward momentum with significant volume ($81.99M).
The breakout above $2,100 suggests further potential upside.
Target Levels 🎯
1. Target 1: $2,250 (Near 24h high)
2. Target 2: $2,310 (Resistance zone)
3. Target 3: $2,400 (Psychological level)
Key Indicators
RSI: Overbought (>70) - Monitor for pullbacks.
MACD: Bullish crossover, supporting the uptrend.
Support Level: $2,100 (Key area to watch for retracement).
Resistance Level: $2,265 (Breakout zone).
Trade Momentum: Strong bullish momentum driven by high volume and positive market sentiment. Consider trailing stop-loss around $2,100 to manage risk.