$MKR /USDT – A Powerful Revival with Momentum to Watch
MKR just broke out decisively from its consolidation phase, surging from around $1,800 up to a peak near $2,175. That’s a sharp move fueled by increased volume (about 26.35M USDT) and strong bullish interest—an 11.38% gain in only 24 hours.
🔍 Long Trade Setup
Entry Range: $2,100 – $2,165
Stop Loss: Below $2,000
Take Profit Targets:
Target 1: $2,258 (next upside level)
Target 2: $2,377 (subsequent resistance zone)
⚠️ Risk Considerations
This is a fast-moving rally—price is extended, so waiting for a mild dip or a retest near $2,100 could reduce risk and give a better entry.
📈 What’s Next?
If $2,100 holds as support, MKR could climb to your targets. But if that level breaks and the price falls below $2,000, there could be a pullback or profit-taking phase.
In short: momentum looks strong—but smart entries are key. Watch those support levels and manage your risk!
