$MKR /USDT – Bullish Reversal In Progress? Eyes on $1,885 Breakout
Current Price: $1,871.4 (+0.34%)
Short-term bullish reversal forming after bounce from $1,853 low.
Trade Setup (Long Bias – Reversal Play):
Entry: $1,870 – $1,874
TP1: $1,885
TP2: $1,900
SL: $1,858
Technical Insight:
Price has reclaimed all major moving averages:
MA(7): $1,869.1
MA(25): $1,865.3
MA(99): $1,862.1
This bullish crossover suggests growing upward momentum. A clean break above $1,885.3 (24h high) could spark a stronger rally.
📌 Watch volume — if it rises with price, expect a test of $1,900+.
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Buy and trade here $MKR