$MKR
/USDC based on your data:
🔹 Price & Trend
Current Price: 1,707.2 USDC (-2.36%)
24h Range: 1,692.0 – 1,766.3
24h Volume: ~37.8 MKR (~64.9K USDC)
Trend: MKR is trading below all key MAs (7, 25, 99) → short- to long-term momentum is bearish.
🔹 Moving Averages
MA(7): 1,719.7
MA(25): 1,724.7
MA(99): 1,758.2
👉 Price (1,707.2) is below all three MAs, showing downward pressure.
🔹 Support & Resistance
Immediate Support: 1,692 (24h low)
Stronger Support Zone: 1,670 – 1,650
Resistance Levels:
1,719.7 (MA7, short-term cap)
1,724.7 (MA25, stronger resistance)
1,758.2 (MA99, long-term barrier)
1,809 – 1,833 (major upside targets if recovery builds)
🔹 Market Outlook
Bearish bias as long as MKR stays below 1,720–1,725 zone.
A close under 1,692 could push MKR lower toward 1,670–1,650.
A rebound above 1,725 would be the first bullish signal, with potential recovery toward 1,758–1,809.
✅ Summary: MKR/USDC is currently under pressure, trading below key averages. Bulls need a breakout over 1,725 to regain control; otherwise, risk of testing 1,670 support remains high.
Do you want me to map out a short-term trading plan (entry/exit levels) based on this setup?