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MKR/USDT - On Crossroads

MKR / TetherUS (BINANCE:MKRUSDT)  
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BINANCE:MKRUSDT   MKR / TetherUS
Trend Analysis Chart Patterns Technical Indicators MKRUSDT Support and Resistance Technical Analysis Moving Averages cryptotrading cryptomarket cryptosignals
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trendanalysis chartpattern indicator mkrusdt supportandresistance technicalanalysis movingaverage cryptotrading cryptomarket cryptosignals
Show some strong signs at these levels:

  1. Support at 1262 Level: The price is currently resting on a critical support level at 1262, indicating a potential bounce or continuation.
  2. 200 Moving Average Support: Further reinforcing the bullish case, the 200-day moving average is acting as additional support, adding strength to the current position.

In the event that both the 1262 level and the 200-moving average hold, target will 1550.

However, caution is advised. If the support falters, and the price breaks below the 200-moving average, a reversal could be in play, with a downside target at 980. Traders should closely monitor these levels for decisive price action.
Trading ditutup: target tercapai
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