$MKR /USDT - Bullish Momentum & Trade Setups 🚀
Maker ($MKR ) is on a strong uptrend, currently trading at $1,540 (+8.15%), after breaking past key resistance. It recently hit a 24H high of $1,544, showing strong bullish momentum. If the trend holds, we could see further upside, but caution is needed near resistance.
🔹 Long Setup (If MKR Holds Above $1,520)
Entry Zone: $1,520 - $1,550
Target 1: $1,580
Target 2: $1,620
Target 3: $1,650
Stop Loss: $1,490
✅ Bullish Confirmation: If MKR stays above $1,520, expect a test of $1,600+ in the short term.
🔻 Short Setup (If MKR Fails to Hold $1,550)
Entry Zone: $1,530 - $1,550
Target 1: $1,500
Target 2: $1,470
Stop Loss: $1,570
⚠️ Bearish Confirmation: A failure to sustain above $1,550 could trigger a pullback toward $1,500-$1,470.
📊 Market Predictions & Insights
Key Resistance: $1,550 – Breaking this could open the way for $1,600+.
Major Support: $1,500 – Losing this level may trigger a deeper correction.
Volume & Momentum: Bullish volume remains high; a breakout above $1,550 is key for continuation.
🔎 MKR is in an uptrend, but watch for potential rejection at $1,550. If bulls hold, $1,600 is the next target!
#MKR #CryptoTrading #DEFİ 🚀
$MKR