🚨 $MKR

/USDT — BEARS DOMINATE AS MKR SLIDES BELOW $2,050 🔻

MakerDAO’s native token MKR continues its sharp downward momentum, dropping 10.07% to $2,028 after failing to hold key support levels. The intense selling pressure reflects the broader market weakness as altcoins face aggressive liquidation.

MARKET SNAPSHOT:

📉 Current Price: $2,028

🔼 24h High: $2,288

🔽 24h Low: $2,022

🔄 24h Volume (MKR): 9,963.72

After briefly attempting consolidation, sellers regained full control, dragging MKR to fresh intraday lows. The breakdown below $2,050 opens the door for a possible retest of psychological support at $2,000. Momentum indicators remain in bearish territory, signaling caution for long positions.

⚠️ Key Support Levels: $2,000 / $1,950

🚀 Key Resistance Levels: $2,100 / $2,160

Market sentiment remains fragile as DeFi sector tokens struggle under broader macro pressures. Eyes remain on the next few candles to confirm whether MKR finds stability or continues its descent.

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