MKR/USDT 1W

Hello everyone, let's look at the 1W MKR to USDT chart, in this situation we can see that the price has returned to the downtrend, but we are still above the main uptrend line.
Let's start by setting goals for the near future, which include:

T 1 = $2,183
T 2= $2,548
T 3 = $3,121
AND
T 4= $3,554

Looking the other way, there is very strong support at $1,277, but if it is broken, the price drop may be much greater.

Looking at the RSI indicator, we see that it is at a very low level, which may result in a change in the direction of movement in the coming weeks.