$MKR _ SHORT Now🔴🔴
Price is showing rejection from the 1,670–1,680 resistance zone and is now trading below 1,630 support-turned-resistance. Bears are gaining momentum, and further downside is expected if selling pressure continues.
Trade Setup:
Short Entry: 1,625 – 1,635
Take Profit (TP): 1,580 / 1,548
Stop Loss (SL): 1,671
Market Outlook:
The failure to sustain above 1,670 confirms weakness. If price stays below 1,630, sellers remain in control, targeting lower supports around 1,580 and 1,550.