⚠️ $MKR / USDT Strong Rebound but Volatility Ahead!
$MKR is surging off the $1,896 low, now targeting the $2,060 resistance zone on the 15-min chart. Bulls are active but caution is key with Binance’s upcoming token upgrade on Sept 15, 2025.
• Support: $1,896
• Resistance: $2,060
• News Risk: Redenomination event → High volatility expected
📍 Entry Zone: $2,040 – $2,060
🎯 Targets:
• TP1: $2,095
• TP2: $2,135
• TP3: $2,180 (if momentum sustains)
🛡 Stop Loss: Below $2,000
⚡ Setup Note:
Scalp-friendly setup with elevated risk ideal for short-term momentum trades only. Stay alert for exchange updates & sudden price swings.