$MKR /USDT around $1,505 on Binance.
Let’s quickly break this down:
Current Situation:
Price: $1,505
24h High: $1,519
24h Low: $1,451
MA60: $1,505 (right at the price — important!)
Short-term MAs:
MA(5): ~2.25 (looks like volume avg, not price)
MA(10): ~2.45 (also likely volume)
Volume:
24h Volume decent ($4.87M USDT equivalent) but not extremely high.
Observations:
MKR is consolidating tightly between $1,500–$1,520.
It bounced from $1,451 — showing that $1,450 is strong support for now.
Trading exactly at MA60 usually means decision point: either bounce up or break down.
Immediate Trade Idea:
Setup:
Long Entry: $1,495–$1,505 zone (current price is good)
Stop-loss: $1,470 (below today's low and safe)
Target 1: $1,520
Target 2: $1,545 (next resistance zone if $1,520 breaks)
OR
If it breaks down:
Short Entry: Below $1,470
Stop-loss: $1,490
Target: $1,440
Summary of MKR/USDT Quick Setup (as of now):
| Strategy | Entry | Stop-loss | Target 1 | Target 2 | |-----------|---------------|-----------|----------|----------| | Long Bounce | 1,495–1,505 | 1,470 | 1,520 | 1,545 | | Short Breakdown | Below 1,470 | 1,490 | 1,440 | — |
Would you also want me to suggest a tight scalping plan (like 15m or 1h time frame) if you're looking to trade shorter term?
It can make a difference based on your style (scalp vs swing)!
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#AirdropFinderGuide #SaylorBTCPurchase #BTCvsMarkets #Write2Earn! #MKR/USDT(空头📉,x20)🔥