$MKR USDT – LONG TRADE SIGNAL🟢
STRONG BOUNCE FROM DEMAND ZONE • BREAK OF DOWNTREND CHANNEL
MKR has broken out of a steep descending channel after hitting a strong support level between $1821 and $1831. Price action now shows bullish reversal structure on the 30-min chart.
Key Technical Levels:
Support: $1821 – $1831
Resistance: $1943
Breakout Level: $1869
Channel Reversal Confirmed
Current Price Action:
MKR is trading at $1869 after a clean bounce and breakout from the downtrend. Bullish momentum suggests continuation toward the next major resistance near $1943.
🔹TRADE SETUP
• Entry Point: $1860 – $1870
• Stop Loss: $1821
• Take Profit:
TP1: $1922
TP2: $1943
• Margin: 2–3% of wallet
• Leverage: 10x
📈 Market Outlook:
MKR has reversed from the bottom range and is forming a bullish recovery setup. Sustaining above $1869 could push price toward $1940+ in the short term.
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