$MKR /USDT – BULLISH BREAKOUT AHEAD? 🚀📈
$MKR is showing strong bullish momentum, currently trading at $2,116 (+12.02%). With a 24h high of $2,166 and surging volume, the price action suggests buyers are firmly in control. Let’s break it down:
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🔍 Key Technical Levels:
Current Price: $2,116
Immediate Resistance: $2,166 (24h High)
Next Resistance: $2,250 🔺
Support Levels:
$2,046 (short-term)
$1,978 (major pullback support)
$1,935 (MA 99 - trend baseline)
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📊 Indicators:
MA(7): 2,141 ✅ (Price above - bullish confirmation)
MA(25): 2,062 (Support zone)
MA(99): 1,935 (Long-term support)
MACD: Bullish crossover in motion 💥
Volume: Rising – confirms breakout potential 📈
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📌 TRADE SETUP – LONG POSITION:
💼 Entry: $2,110 – $2,120
🎯 Targets (TP):
TP1: $2,166
TP2: $2,250
TP3: $2,400 (swing target)
🛑 Stop Loss (SL): $1,978 (below key support)
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🛡️ RISK MANAGEMENT:
Risk only 1-2% of your capital per trade. Adjust position size based on SL distance. Always protect capital first – don’t chase!
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🔥 Momentum + Breakout Structure = High-Reward Opportunity
Stay sharp and ride the trend! 🚀📊💰
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