$MKR /USDT – SHORT TRADE SIGNAL AFTER PARABOLIC EXHAUSTION!🔥💯

After a powerful vertical rally toward $1,794, $MKR has shown signs of exhaustion. Price failed to hold above $1,760 and is now pulling back sharply. Current price is $1,690 — a clear rejection near supply zone, indicating potential downside ahead.

🔻 Trade Setup (SHORT):

Entry: $1,700 – $1,685

Target 1: $1,620

Target 2: $1,540

Stop Loss: $1,760 (above rejection wick)

Why Short?

$MKR formed an extended parabolic move without sustainable pullbacks. The sharp sell candle from $1,794 confirms seller dominance. A lower high and bearish engulfing on the lower timeframes suggest correction is likely.

Risk Management Tip:

Use tight SLs above the supply rejection. If price crosses $1,760 again, exit quickly. Don’t chase breakdowns — let them confirm.