$MKR
/USDT chart suggests a bullish trend with key resistance around $1,560 and support around $1,440. Hereโs a strategy with emojis:
๐ Bullish Scenario (Breakout Trade)
Buy if price breaks above $1,560 with volume confirmation ๐
Stop-loss at $1,500 (recent support) โ
Target $1,620โ$1,680 ๐ฏ
โ ๏ธ Bearish Scenario (Rejection Trade)
Short if price fails at $1,560 and shows rejection ๐
Stop-loss at $1,570 โ
Target $1,440 or lower ๐ป
๐ RSI Confirmation
RSI near 70 = Overbought (Caution for pullback) โ ๏ธ
RSI near 30 = Oversold (Possible reversal) ๐
๐ฅ Scalping Idea
Buy dips near $1,480 (short-term support) ๐ฏ
Sell near $1,540 for quick profits ๐ฐ