$MKR /USDT – Consolidation Before the Next Leg? 🚀
Current Price: $1,770 (+6.18%)
24H Range: $1,641 – $1,799
Market Structure:
$MKR saw a strong uptrend from $1,641 to $1,799 and is now in a healthy consolidation phase on the 30m chart. Price is holding firm above $1,760—suggesting accumulation before the next breakout.
Key Levels:
Support: $1,760
Resistance: $1,799 (24H high and breakout point)
Trade Setup:
Entry Zone: $1,760 – $1,775
TP1: $1,820
TP2: $1,860
TP3: $1,900
SL: Below $1,740
Market Insight:
With over 4K MKR traded in 24H and low volatility in the current zone, this could be a buildup phase. Watch closely for a breakout above $1,799 to fuel further upside.
Pro Tip:
Look for a 30m candle close above $1,800 with volume. Any pullback near $1,760 can offer a safe re-entry with tight stop-loss.
MKR Might Be Gearing Up for a Break – Stay Ready!
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