$MKR
/USDT chart suggests a bullish trend with key resistance around $1,560 and support around $1,440. Here’s a strategy with emojis:
🚀 Bullish Scenario (Breakout Trade)
Buy if price breaks above $1,560 with volume confirmation 📈
Stop-loss at $1,500 (recent support) ⛔
Target $1,620–$1,680 🎯
⚠️ Bearish Scenario (Rejection Trade)
Short if price fails at $1,560 and shows rejection 📉
Stop-loss at $1,570 ❌
Target $1,440 or lower 🔻
📊 RSI Confirmation
RSI near 70 = Overbought (Caution for pullback) ⚠️
RSI near 30 = Oversold (Possible reversal) 🔄
🔥 Scalping Idea
Buy dips near $1,480 (short-term support) 🎯
Sell near $1,540 for quick profits 💰