$MKR Recovery in Motion: Ready for the Next Push?
$MKR is gaining strength after bouncing from the $1,823 support level. The 4H chart shows a clear reversal pattern with higher lows forming a bullish sign. If price breaks above $1,950, we could see an extended rally.
Long Trade Setup:
• Entry Zone: $1,930 – $1,945
• Stop Loss: Below $1,910
• Target 1: $1,980
• Target 2: $2,030
• Target 3: $2,100 (only if breakout sustains)
Market Insight:
• Strong recovery from support.
• Break above recent highs = bullish confirmation.
• Use proper risk management — MKR is volatile due to upcoming upgrade (Sept 15).
Keep it on your radar — this could be the start of a strong bounce.