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 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 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 (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:
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#MKR/USDT#MKR
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel. This support is at 2008.
We are experiencing a downtrend on the RSI i
#MKR/USDT Ready to launch upwards#MKR
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards
We have a bounce from the lower limit of the descending channel, this support is at a price of 1200
We have a downtrend on the RSI indicator that is about to
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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.