$MKR /USDT BULLISH MOMENTUM BUILDING – UPSIDE CONTINUATION LIKELY 🚀🔥
$MKR is charging ahead with +7.99% daily gains, currently trading at $2,270. Strong upside follow-through and increasing volume suggest bulls are in control, eyeing higher levels! 📈💪
🔍 KEY TECHNICAL LEVELS:
Current Price: $2,270
Immediate Resistance: $2,300 🔼
Next Major Resistance: $2,375
Support 1: $2,200 🛡️
Support 2: $2,053 (24h low)
Price is holding strong above $2,200 support after a sharp bounce. A close above $2,300 could trigger another leg up.
🎯 TRADE SETUP – LONG ENTRY IDEA:
Entry Zone: $2,260–$2,280 ✅
Take Profit Targets:
TP1: $2,375
TP2: $2,450
Stop Loss: $2,200 ❌
Look for consolidation or a minor dip to enter. Watch for a breakout above $2,300 with solid candle confirmation on the 1h or 4h chart.
🛡️ RISK MANAGEMENT:
Risk 1–2% per trade. Respect the SL at $2,200 to protect capital. Let winners run and cut losers fast! 🎯📊
MKR IS GEARING UP FOR A STRONG RALLY – RIDE THE WAVE WITH THE TREND! 🌊💸
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