MKRUSDT UPDATE
Pattern: Falling Wedge Breakout
Current Price: \$2,018.7
Target Price: \$3,250
Target % Gain: 62.49%
Technical Analysis: MKR has broken out of a falling wedge pattern on the 12H timeframe with a strong bullish candle and volume spike, indicating momentum shift. The breakout confirms a potential r
$MKR/USDT 4h LONG Swing Setup
Entry: 1893
SL: 1700
TP: 2283
R/R: 2.2
Price rebounding off a strong uptrend line & 200MA support. DeFi momentum +
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ETHholding3k could fuel the next MKR leg up!
Watching for a MACD reversal confirmation. 📈
Not financial advice. DYOR & good luck! 🔥
#Crypto #Trading #DeFi #MKR
MKR/USDT 4H📈 Trend and price structure
• The price has just been above the downward trend line (yellow line), which suggests the potential reversal of the trend to the upward.
• Breaking was strong - a candle with a large growth volume and an increase +9.13%, which emphasizes the pressure of buyers.
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July 2025 - Marker DAO (MKR) to $10k before EthereumThe above forecast is predicted to strike before October 2025. Ethereum will never reach $10k in its lifetime, which a study for another post.
A 75% correction is shown on the above 6 day chart that began in March 2024. A number of compelling reasons now exist for a strong upward move.
Support an
MKR – Bull Pennant Breakout, Eyes on $3000Breakout Confirmation:
MKR has broken out of a daily bull pennant, signaling bullish momentum. The breakout candle reclaimed key HTF S/R (~$1987–$2000 zone) and flipped it to support.
Entry and Risk Zone:
Ideal long entries are on retests of this S/R flip ($1987–$2000). Invalidation below $1826 (re
MKR 4h Chart Analysis
On the 4H Chart the 2,200 supply zone proved to be too strong for bulls, and there was a strong rejection.
My primary count considers that was wave Y, and I´m currently neutral to bearish.
A break of blue support zone around 1,970 should take us to another retest of 1,700 support.
MKRUSDT Forming Symmetrical TriangleMKRUSDT has formed a textbook symmetrical triangle pattern on the daily chart, a classic consolidation structure that often precedes a strong breakout. The price is currently pressing against the upper resistance line, and a breakout above this range could trigger a bullish continuation toward the $
MKR/USDT 4H Chart🔍 1. Technical Pattern:
The chart shows a descending wedge (orange lines) that has broken out upward.
The breakout occurred on increasing volume (a signal of bullish strength).
The price is currently trading above a resistance line, which is now acting as support (~1980 USDT).
📊 2. Support and Re
MKR/USDT (MakerDAO) on the 4H time frame🔷 1. Trend and market structure
🔸 Upward channel:
The price is moving in a wide, ascending channel (orange lines).
The lower line of the channel was last tested on June 22, 2025, which ended with a dynamic upward bounce.
The upper limit of the channel reaches around 2,450 USDT.
🕸️ Market phase:
I
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.