$MKR has shown a modest price increase of 0.926% over the past 24 hours, fluctuating between a high of 1831 and a low of 1696. Current support stands at 1530, while 1831 poses a key resistance level. With an RSI of 58.61, the coin is approaching neutral territory, suggesting potential for upward momentum without being overbought. Market sentiment is currently undefined, indicating mixed trader reactions, which could lead to a consolidation phase. A breakout above 1831 may catalyze further bullish momentum, while a rejection could test support at 1530. Keep an eye on any broader market news that could sway sentiment.
