$MKR DOUBLE TOP DENIAL IN PLAY āšš $MKR hit resistance near $2,190 twice but failed to break through, forming a textbook double top on the 4H chart. The recent rejection is pushing price downward again, and momentum indicators suggest further downside is likely if $2,030 breaks.
š Short Trade Setup (4H Bias):
⢠Entry Zone: $2,060 ā $2,075
⢠Take Profit 1: $2,010
⢠Take Profit 2: $1,960
⢠Take Profit 3: $1,890
⢠Stop Loss: $2,120
Bearish divergence on lower timeframes confirms weakening strength. A clean break below $2,000 could open the gates to accelerated downside.#Write2Earn #BinanceAlphaAlert
MKR coin
2,071
+1.96%