🔻 $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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