ā$MKR /USDT: BEARISH MOMENTUM UNDER PRESSURE! šØ
š Sell Entry: $1,510ā$1,530
šÆ Targets:
T1: $1,450
T2: $1,400
š”ļø Stop-Loss: $1,570
š Analysis:
$MKR has dropped significantly, currently at $1,505, showing a 13.41% loss in the last 24 hours. The price recently hit a high of $1,740 but failed to maintain bullish momentum. With the price trading below its 24h high and strong downward pressure, a further pullback seems likely. If the price breaches the $1,500 support level, the next targets could be $1,450 and $1,400.
š§ Pro Tip:
Watch for confirmation on the 4-hour chart for a breakdown below $1,500 for more downside.
Stop-loss at $1,570 ensures tighter risk management.
#CryptoTrading #BearishTrend #BinanceAlphaAlert #MarketPullback #Binance