$MKR/USDT 3D (#Bybit) Broadening channel on resistance

Updated
Maker DAO is facing 100EMA /supply zone where it seems likely to be rejected and retrace down after.

⚡️⚡️ #MKR/USDT ⚡️⚡️
Exchanges: Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (4.0X)
Amount: 5.0%

Current Price:
933.5

Entry Zone:
949.5 - 1014.5

Take-Profit Targets:
1) 864.0
2) 775.5
3) 686.5

Stop Targets:
1) 1080.5

Published By: @Zblaba

MMKR #MKRUSDT #Maker #DAO

Trade closed: target reached
🎯 TP1 reached with +48.0% (4x) and +1.2R

Maker got rejected on 100EMA resistance like it was anticipated and went straight for 2st target.
Let's reduce the risk and move SL above entry now.

#MKRUSDT #DAO #DeFi

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makerMKRTrend Analysis

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