$MKR /USDT – 4H Trade Setup

Market Insight:

$MKR has surged +8.5% in the last 24H, breaking through key resistance levels. Price is trading above all key moving averages (MA 7, 25, 99), signaling bullish momentum. A continuation move is likely if volume holds.

🔹 Entry Zone:

$2,040 – $2,080

(Mild retracement zone toward MA(7) support)

🎯 Targets:

Target 1: $2,191

Target 2: $2,267 (24H high)

Target 3: $2,375 – psychological extension/fib projection

🛑 Stop Loss:

$1,940

(Below MA(25) and last key support cluster)

📊 Key Levels:

Support: $1,940 / $1,898 / $1,823

Resistance: $2,191 / $2,267 / $2,375

Pivot Zone: $2,093 – current mid-range structure

💡 Pro Tip:

If the price consolidates above $2,100 with increasing volume, consider riding the trend to $2,375. Use trailing stop after $2,267 breakout. Watch BTC and ETH movements to confirm macro sentiment.

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