MyCryptoParadise

MKR/USDT bullish horizons? ๐Ÿ‘€ ๐Ÿš€ MAKER Today analysis

Long
BINANCE:MKRUSDT   MKR / TetherUS
๐Ÿ’ŽParadisers, turn your attention to MKRUSDT! We've observed its compelling trajectory as it navigates within a demand zone, hinting at a high probability of a bullish trajectory.

๐Ÿ’Ž In recent developments, MKRUSDT managed to surge past its descending channel, charting an upward course. Currently positioned in a demand zone, the odds are favoring a bullish shift.

๐Ÿ’Ž However, if the asset struggles to maintain its upward momentum and breaches the demand zone, it's likely to seek bullish support either from a robust support level or upon retesting the boundaries of the previously broken descending channel.

๐Ÿ’Ž The VRVP data, showcasing significant volume, further bolsters the bullish sentiment. The primary expectation is for MKRUSDT to challenge the 1652 supply zone.

๐Ÿ’Ž A minor resistance is anticipated there, but surpassing this level could amplify the chances of targeting higher resistances. Stay vigilant and strategize wisely!

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