$MKR Market Update

📊 MKR Market Update
Welcome to today's analysis! Let’s take a look at MKR and its key price action.

🌐 Overview: MKR Testing Key Resistance
📈 MKR is currently testing the red resistance zone. A breakout above this level could push the price toward the green line target.

🔄 Current Scenario:

MKR is facing strong resistance, and price action is testing this key level.
A successful breakout could lead to further upside, while rejection may result in a pullback.
🔑 Key Levels to Watch
🔴 Resistance Zone: Red Zone (Needs breakout for continuation)
🟢 First Target: Green Line (If breakout succeeds)

🛠️ Trade Scenarios
📌 Bullish Scenario (Breakout Above Resistance)

If MKR breaks and holds above the red resistance zone, it could move toward the green line target.
📌 Bearish Scenario (Rejection at Resistance)

If MKR fails to break out, we could see a pullback or consolidation before another attempt.
📌 Conclusion
MKR is at a crucial resistance zone—a breakout could lead to a strong rally, while failure to break may result in a retracement before another attempt.