🔻 $MKR at Critical Resistance – Is a Correction Imminent?

$MKR is currently facing a strong resistance zone between 2002 and 2016 after a rapid upward trend. Signs of weakness are emerging as momentum declines, and the RSI is trading above 68, indicating overbought conditions and a potential reversal, especially if $BTC begins to decline or oscillate sideways.

🔸 Current Price: Approximately 2005

🔸 24h High: 2029

🔸 24h Low: 1938

🔸 24h Volume: Over $85M

🔸 Support: 1930 – 1945

🔸 Resistance: 2016 – 2040

🔸 RSI: 68 – Near Reversal Levels

Entry Zone: 2002 – 2016

Direction: Sell (Short) 🔻

🎯 TP1: 1972

🎯 TP2: 1943

🎯 TP3: 1915

🎯 TP4: 1886

🎯 TP5: 1858

🎯 TP6: 1830

❌ Stop Loss: 2045

Sell and trade here $MKR

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