📊 Analysis:
Relative Strength: Maker (MKR) is exhibiting relative strength compared to BTC amidst market weakness.
Reversal Signs: MKR has absorbed liquidity at $2,365 and is showing potential signs of a reversal.
Entry: Consider entering the trade at $3,150.
Profit Targets: Aim for profits at $3,650 or $4,000 levels.
Risk Management: Set a stop-loss at $2,850 to manage potential downside risks.
📈 Trading Strategy:
Entry: Initiate a long position at the specified entry price.
Targets: Take profits at identified resistance levels.
Risk Control: Implement the specified stop-loss to mitigate losses in case of adverse price movements.
🚨 Note: Monitor market conditions closely and adjust the strategy accordingly as the trade progresses! 📊🔍 #MKR #TradingOpportunity #CryptoAnalysis 🌟📈
Relative Strength: Maker (MKR) is exhibiting relative strength compared to BTC amidst market weakness.
Reversal Signs: MKR has absorbed liquidity at $2,365 and is showing potential signs of a reversal.
Entry: Consider entering the trade at $3,150.
Profit Targets: Aim for profits at $3,650 or $4,000 levels.
Risk Management: Set a stop-loss at $2,850 to manage potential downside risks.
📈 Trading Strategy:
Entry: Initiate a long position at the specified entry price.
Targets: Take profits at identified resistance levels.
Risk Control: Implement the specified stop-loss to mitigate losses in case of adverse price movements.
🚨 Note: Monitor market conditions closely and adjust the strategy accordingly as the trade progresses! 📊🔍 #MKR #TradingOpportunity #CryptoAnalysis 🌟📈