$MKR is currently trading at 1880.6 USDT, showing a neutral market structure with an RSI of 52.73.
Key resistance is noted at 1913.2 USDT, while support lies at 1827.4 USDT.
A breakout strategy could be effective if the price breaches the resistance level with strong volume.
However, traders should be cautious of potential volatility influenced by Bitcoin's price movements and broader macroeconomic factors.
