Will MKR Coin Price Hit $2000 Before A Rebound?

The weekly technical chart of the Maker hints towards a consolidated move in the asset price for the future. On coming to the daily chart, the asset has seen a breakout to the lower levels and may see the continuation. The upside move of the Maker may face a setback near $2600. The downside trend of the coin may see a bounceback near $2100. If the asset currently moves further below of more than 15 to 20% then a strong downside move can be observed.