Maker $MKR Stabilizes Above $1,800 as Bullish Engulfing Pattern Forms.

What's Happening:

  • MKR trades at $1,813.70 (+0.76%), showing strength against the macro downtrend.

  • Technical analysis identifies a bullish engulfing candle, signaling a potential reversal.

  • Governance discussions focus on "Endgame" scaling, keeping long-term fundamentals intact.

  • Price is outperforming bearish predictions ($1,575 forecast), indicating accumulation.

Why It Matters:

Maker is the central bank of DeFi. When it outperforms during "Extreme Fear," it suggests smart money is fleeing to quality. The $1,800 defense is a statement of strength.

Technical View:

MKR is holding the $1,800 pivot. A break above $1,850 confirms the reversal. Support at $1,750 is robust.

🎯 Key Levels:

  • Support: $1,750 | Resistance: $1,850

  • 24h Range: $1,800 - $1,835

💡 "In a sea of volatility, Maker remains the anchor."

What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇

#MakerDAO #MKR #DeFi #RWA #CryptoNews

Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.