$MKR /USDT FACING BEARISH PRESSURE — WATCH FOR DOWNTREND CONFIRMATION ⚠️📉
📊 Current Price: $1,776
📉 Market Bias: Bearish (Today -1.77%, 24h +0.23%)
🔑 Key Levels
📌 Resistance:
$1,797 (immediate resistance)
$1,818 (strong resistance zone)
📌 Support:
$1,755 (critical support)
$1,734 (next support)
$1,713 (major support level)
📉 SHORT TRADE SETUP
🔴 Entry: Breakdown below $1,755
🎯 Targets (TP):
TP1: $1,734
TP2: $1,700
TP3: $1,660
🛑 Stop Loss (SL): $1,797
📌 Technical Highlights
MA/EMA: Bearish crossover emerging ⚡
MACD: Increasing negative momentum 📉
Buy Volume: 39.29% — bears gaining control 🛑
24h Volume: 28.32M USDT 🔊
💼 Risk Management:
🔐 Risk only 1–2% of capital per trade
🛡 Always use SL — protect your investment! 🧠
🚨 Break below $1,755 could accelerate bearish move — stay alert!
#MarketPullback #CircleIPO #BlackRockETHPurchase #BinanceAlphaAlert #Write2Earn! $MKR