Here’s a quick technical analysis for $MKR /USDT on the 1H timeframe based on your chart:

📍 Current Price: $2,144

📈 Change: +0.52%

🕯️ Last Candles: Sideways consolidation after a strong vertical rally

🔍 Chart Breakdown:

MA Structure:

MA(7): $2,140 — price is hovering just above it (short-term support)

MA(25): $1,999 — bullish crossover occurred, trend momentum confirmed

MA(99): $2,041 — price broke and stayed above it, showing strength

Price Action:

Breakout above MA 99 was followed by strong bullish candles

Currently forming a bullish flag / range, suggesting continuation is possible

Tight consolidation — buyers are defending the breakout level

Volume (inferred): Typical pause after expansion move — next impulse could be brewing

📊 Key Levels:

Support:

$2,140 (MA 7 + short-term structure)

$2,041 (MA 99 – former resistance now flipped)

Resistance:

$2,175 → $2,200 zone = next possible hurdle

Beyond that: $2,250 psychological

⚙️ Trade Setup Suggestion (if confirmed):

Entry: Break above $2,150 with volume

Target: $2,200 – $2,250

Stop: Below $2,100

Bias: ✅ Bullish continuation likely unless price closes below MA 7 with volume

📌 Conclusion:

MKR looks primed for another leg higher if it clears the tight range it's coiling in. As long as it holds above the short-term MA and avoids a volume-backed breakdown, bulls have the upper hand.

⚠️ DYOR – Do Your Own Research.

This is not financial advice. Markets can be volatile — always trade responsibly!