$MKR / USDT – Long Setup Insight 🎯📗
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📊 Market Overview
Current Price: $1,755
Structure Retest Zone: $1,740 – $1,755
Support Below: $1,725 (trendline retest), $1,700
Resistance Ahead: $1,782, $1,820
Context: MKR just bounced off a prior breakout level with increasing volume and RSI divergence on the 1H — showing strong buyer defense.
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🎯 Entry Zone:
$1,748 – $1,757
(Entry along trendline retest + minor breakout candle — for low-risk continuation bias)
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💰 Profit Targets + Reasons
TP1: $1,775 (+1.1%) – previous high from last impulse wave
TP2: $1,796 (+2.3%) – resistance near candle-body supply
TP3: $1,821 (+3.7%) – structure resistance + round number magnet
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🛑 Stop-Loss: $1,700
(Below ascending support and invalidation of bullish retest)
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⚙️ Risk Management Tip:
If price spikes to TP1 fast, consider trailing SL just below breakeven. Don't hold full size beyond TP2 if momentum weakens — scale smartly.
---✅Buy and Trade here on $MKR
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