⚠️ $MKR / USDT – Strong Bounce, But Brace for Volatility!
$MKR is rebounding sharply from the $1,896 support and now eyeing the $2,060 resistance zone on the 15-min chart. Buyers are stepping in, but traders should stay cautious ahead of Binance’s token redenomination scheduled for September 15, 2025.
Support: $1,896
Resistance: $2,060
News Risk: Upcoming token upgrade → Increased volatility expected
📍 Entry Range: $2,040 – $2,060
🎯 Profit Targets:
• TP1: $2,095
• TP2: $2,135
• TP3: $2,180 (if momentum holds)
🛡 Stop Loss: Below $2,000
⚡ Strategy Note:
This is a high-risk, short-term opportunity suited for scalpers. Watch for news-related moves and be prepared for sharp price fluctuations.