It has resistance at 1877$ Important ‼️

$MKR Strong Entry Opportunity

Buy Points:
1. Current Support:
The current price is around 1,893 USDT and is close to a previous confirmed support level around 1,748 USDT (recorded in the second image).
If the price drops a little and the RSI indicators start to indicate oversold, this would be a good time to buy.
2. Average Buy Level:
The average buy is shown at 1,932 USDT, so any decline below this level could be considered a buying opportunity for short-term traders.
3. Wm%R (%R):
The indicator is currently at -100, which indicates a strong oversold condition, which increases the possibility of the price rebounding upwards.

Sell Points:
1. Main Resistance:
The recent high is 2,155 USDT. At this level or when it approaches 2,082 USDT (24-hour high), you can consider selling to take profits.
2. Monitoring technical indicators:
• RSI: If the Relative Strength Index (RSI) rises above 70, this indicates an overbought condition
• Stochastic RSI: When it reaches high levels such as 80-100, there may be expected selling pressure.
3. Recent decline:
Note that the price is currently in a downtrend, so any bounce can be exploited for selling at nearby resistance levels.

Conclusion:
• Buy: At 1,850-1,750 USDT levels or if oversold signals appear.
• Sell: At 2,050-2,150 USDT levels, especially if overbought signals appear on the RSI and Stochastic RSI.

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