$MKR /USDT – Market Analysis & Trade Setup
📊 Current Price: $1,589 (-6.25%)
📈 Potential Trade Setups
✅ Bullish Scenario (Long Trade):
Entry: $1,499 - $1,550 (if support holds)
Targets:
✅ TP1: $1,616
✅ TP2: $1,681
✅ TP3: $1,747+
Stop Loss: $1,470
🔻 Bearish Scenario (Short Trade):
Entry: $1,681 - $1,747 (if rejection occurs)
Targets:
✅ TP1: $1,616
✅ TP2: $1,550
✅ TP3: $1,499
Stop Loss: $1,780
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📉 Conclusion:
MKR/USDT is currently correcting after a sharp drop but remains above key support at $1,499. If buyers step in around this zone, a retest of $1,616 - $1,681 is likely. However, if price loses $1,499, further downside toward $1,450 - $1,400 is possible.
🚀 Monitor price action and volume before entering a trade!
