🚀 Maker ($MKR R) on the Rise – Key Levels & Trade Strategy
As of February 22, 2025, Maker
($MKR R) is demonstrating strong upward momentum, currently valued at $1,526.41. The intraday range has seen a high of $1,526.41 and a low of $1,366.44, indicating significant market activity.
📌 Strategic Trade Setup
Entry Zone: Consider entering around $1,400, a crucial support level offering potential upside.
Exit Target: Aim for $1,650, aligning with short-term resistance for optimal profit-taking.
Stop-Loss: Set at $1,350 to manage downside risk and limit potential losses.
📈 Market Outlook
Bullish Scenario: If positive momentum continues, $MKR could surge toward $1,650, with long-term potential reaching $1,545 by December 2025.
Bearish Scenario: A breakdown below $1,350 may trigger a decline, potentially leading to further lows around $788.43 in 2025.
💡 Cryptocurrency investments carry inherent risks. Always conduct in-depth research and risk management before making trading decisions.
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