$MKR /USDT – SHORT TRADE SIGNAL AFTER SHARP REVERSAL FROM $2,398
BEARISH STRUCTURE BELOW $2,313
SELL PRESSURE BUILDING AFTER FAILED RETEST
$MKR has dropped significantly after tagging the $2,398.8 resistance and failing to hold above $2,313. The steep rejection and consistent lower highs confirm downside momentum. Price is now approaching support near $2,092.5 — a breakdown here could accelerate the drop.
Trade Setup:
• Entry: $2,125 – $2,135
• Targets:
• TP1: $2,090
• TP2: $2,040
• TP3: $1,980
• Stop Loss: Above $2,165
Outlook: As long as $MKR remains below $2,165, bearish control continues. Watch for volume increase below $2,090 for confirmation of breakdown.