$MKR $MKR

MKR/USDT Analysis

Support and Resistance Levels

- Support Level: 1,006 USDT (recent low)

- Resistance Level: 1,137 USDT (recent high)

Entry Signal

- Entry Point: Consider entering a long position if the price breaks above the current resistance level of 1,137 USDT with strong volume.

Stop Loss and Take Profit Levels

- Stop Loss: Set at 1,090 USDT (just below the EMA(50) and recent consolidation area)

- Take Profit: Target 1,200 USDT (psychological level and potential next resistance)

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