$BTC MKR Trade Setup: Bearish Trap in Play
Maker ($MKR) appears to be trapping buyers in a classic bull trap scenario. Our team has initiated a short position at $1,834, anticipating a potential downside movement.
Stop-Loss: $BTC 1,903
Target 1: $BTC 1,692 (Risk-to-Reward 1:2)
Target 2: $1,623 (Risk-to-Reward 1:3)
Traders should monitor key resistance levels and remain cautious of false breakouts. This setup is part of a disciplined risk management strategy.
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