$MKR – Long Trade Signal 🔵
DeFi leaders are gaining momentum, and MKR is leading the charge.
Strong increase in DeFi — MKR breaks resistance with momentum!
It has just posted a massive daily increase of +10.25%, surpassing the resistance area at $1,725.
With a new volume surge exceeding $10 million and a price reaching $1,794 during the day,
the current price is $1,754 and it is proving its strength above previous consolidation levels.
The breakout above $1,725 comes with strong bullish candles and sustained higher highs.
Volume confirms the strength of buyers, and a daily close above $1,775 will indicate further upside.
Use lower volume near the peaks — follow your stop loss once TP1 is reached.
Trade Setup (Long):
Entry Price: $1,730 – $1,750
Targets:
•1: $1,800
•2: $1,845
•3: $1,910
Stop Loss: $1,685
Buy and trade here $MKR