MKR Maker Retracement to the Support after Overbought Area
If you haven`t bought MKR before the crypto rally:
Or sold it on the way down:
Then you should know that the Crypto MAKER has recently experienced a period of being overbought, indicating a potential need for a retracement or pullback in the near term. Overbought conditions occur when the price of an asset has risen too quickly and may be due for a temporary correction.
Considering the current situation, it is reasonable to anticipate a retracement in MAKER's price, with a potential target of the support level around $638.
Looking forward to read your opinion about it.
Or sold it on the way down:
Then you should know that the Crypto MAKER has recently experienced a period of being overbought, indicating a potential need for a retracement or pullback in the near term. Overbought conditions occur when the price of an asset has risen too quickly and may be due for a temporary correction.
Considering the current situation, it is reasonable to anticipate a retracement in MAKER's price, with a potential target of the support level around $638.
Looking forward to read your opinion about it.
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TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
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