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MKR bearish trend emerges, trading strategy needs to be cautious

In the current market trend of MKR, we observe that the 1-hour level has clearly pointed to the long position, and the 2/4-hour level is short.

This is a key turning point, which means that the market may adjust upward in the short term. 🔥🔥🔥🐍qu1n ➕唯 ZBZ188🔥🔥🔥

At this critical moment, we need to pay special attention to the important position of the antenna long and short price of 2934.3. If the MKR price can successfully break through this position, the market may usher in a wave of long opportunities. However, we must act with caution because the upper pressure levels are quite obvious, located near the three positions of 3022.1, 3100.6 and 3148.3. If the price fails to successfully break through these pressure levels, the bearish trend is likely to continue.

However, if the MKR price fails to break through the antenna long and short price, then we will continue to be bearish on the market. In this case, the support level below will become our focus, which is located near 2822.0, 2773.6 and 2733.7. These positions will test the downward support strength of the market.

Hereby remind all traders that there are risks in contract trading and orders should be made with caution. While pursuing profits, we must put capital preservation first. Only by ensuring a solid defense can we be invincible in the market and ultimately achieve the goal of profitability. I hope that all brothers can remain calm, rational and make steady profits in trading!

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