๐จ $MKR /USDT TRADE SETUP! ๐จ
Current Price: $1,115 ๐ +9.85%
๐ก Market Overview:
$MKR has seen strong bullish momentum, reaching a 24H high of $1,132. However, the price is now showing signs of exhaustion, with resistance forming around $1,135 and slight retracements appearing.
๐ Resistance & Support Levels:
Major Resistance: $1,132 - $1,135
Immediate Support: $1,097 - $1,100
Stronger Support: $1,070 - $1,050
๐ป Short Setup:
Entry Zone: $1,115 - $1,128
Stop Loss: $1,135
๐ฏ Targets:
TP1: $1,100
TP2: $1,085
TP3: $1,070
๐ฅ Trade Strategy:
If price rejects $1,128 - $1,135, a short entry could be considered, targeting a move toward $1,100 and lower. If $1,097 breaks, expect further downside.
โ ๏ธ Risk Management: Keep a tight stop-loss above $1,135 & manage position size wisely! ๐
$MKR
MKRUSDT
Perp
1111
+9.81%
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