$MKR /USDT

Market Snapshot (as of June 23, 2025)

Current Price: $1,789 (+3.65%)

24h High: $1,811

24h Low: $1,633

Volume: ~6,931 MKR / $11.98M USDT

Exchange: Binance

Volatility Range: ~$1,633 – $1,811

🔍 Key Price Levels

✅ Support Zones

$1,744 – $1,764: Minor support (recent breakout area)

$1,633 – $1,664: Strong support; yesterday’s low with good demand base

🚫 Resistance Zones

$1,811 – $1,825: Immediate resistance (24h high and liquidity zone)

$1,850 – $1,875: Extended resistance if momentum continues

⚙️ Trade Setup Ideas

📈 Bullish Setup (Momentum Long)

Entry: $1,764 – $1,790 (pullback to recent breakout level or current consolidation)

Stop Loss: Below $1,740

Take Profit:

TP1: $1,825

TP2: $1,875

Risk/Reward Ratio: 2:1+

🔑 Look for volume confirmation on a breakout above $1,811.

📉 Bearish Setup (Reversal Short)

Entry: $1,810 – $1,825 (fakeout zone or bearish candlestick confirmation)

Stop Loss: Above $1,850

Take Profit:

TP1: $1,764

TP2: $1,700

Risk/Reward Ratio: 2:1

⚠️ Only short if momentum stalls or RSI diverges on the 1H/4H.

🔧 Indicators to Watch (1H or 4H)

RSI: If near 70, watch for rejection.

Volume spikes: Confirm strength of breakout or trap.

EMA 50/200 crossover: For trend alignment.

🛡️ Risk Control

Don't overleverage — MKR is volatile and low float.

Set SL just outside major wick zones to avoid noise.

Max risk: 1–2% of account per trade.

#BinanceAlphaAlert #MarketPullback #USNationalDebt #Write2Earn! #MKR