๐ $MKR /USDT โ Bulls Seize Control Once Again! ๐
๐ Current Price: $1,450 (+20.83%)
Key Price Levels:
๐น Support: $1,400 - $1,375
๐น Resistance: $1,475 - $1,500
Trading Strategy:
โ Bullish Setup:
๐น Entry Zone: $1,420 - $1,435 (On a pullback)
๐น Take Profit Targets:
TP1: $1,475
TP2: $1,500
TP3: $1,525
๐น Stop Loss: Below $1,375
๐ป Bearish Reversal Scenario:
๐น Short Entry: $1,475 - $1,500 (If resistance holds)
๐น Take Profit Targets:
TP1: $1,435
TP2: $1,400
TP3: $1,375
๐น Stop Loss: Above $1,525
Market Outlook & Analysis:
$MKR is demonstrating strong upward momentum, successfully breaking out of previous resistance zones. The asset is now consolidating near a key level, indicating the potential for further gains. If the price manages to hold above $1,475, it could signal the start of a new bullish wave. Conversely, if resistance remains firm, a short-term pullback may present an opportunity for traders to capitalize on price fluctuations.
๐ Key Takeaway: Stay alert for a confirmed breakout above resistance or a retracement to key support zones for optimal entry points. Smart risk management remains crucial in these volatile conditions! ๐๐ฅ
