$MKR $MKR
🚀 MKR/USDT Trading Analysis – Potential Breakout Alert! 📈
MKR is currently trading at $1,435, holding steady within a promising upward trend.
🔹 Support & Resistance:
The immediate support is around $1,400, which has proven to be a solid level in recent sessions. On the upside, resistance lies near $1,500—a breakout above this level could signal a strong bullish trend, with potential targets around $1,550 and beyond.
🔸 Entry Strategy:
For conservative traders, an entry near $1,400 could offer a favorable risk-to-reward ratio. Alternatively, look for a breakout above $1,500 for a momentum trade aiming at higher resistance levels.
⚠️ Risk Management:
Consider a stop-loss below $1,380 to manage downside risk.
MKR’s chart is setting up for a potential rally—keep it on your watchlist for strong moves ahead! 📊
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