MKRUSDT is a native token of the decentralized autonomous organization (DAO) MakerDAO, which governs the Maker protocol on the Ethereum blockchain.+ Advantages:
🔘Limited supply
🔘Clear wave structure: There is a decent growth potential of 20-25% within the final 5th wave of the impulse (up to the nearest resistance zones)
- Disadvantages:
🔘Lack of a long-term trend: Globally, the token is range-bound and doesn’t show a clear trend 🔗
🔘Low position relative to moving averages: MKR is trading below the MA 20-week and MA 200-day, indicating weak momentum. There is no strong reason to believe the token will break through these levels — most likely, it will test them and continue to decline.
The best approach for now is to focus on local trades, which still offer a solid opportunity.
Shaka🤙
MKRUSD MKRUSDT Trade active
Trade closed: target reached
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🥷🏼 My Telegram
🇺🇸 t.me/shakatrade1_618
🇷🇺 t.me/shakatrade_ru
🍓 The best crypto exchange — Bingix! Click my referral link to activate your bonus! bingx.com/invite/D9E1B1/
🇺🇸 t.me/shakatrade1_618
🇷🇺 t.me/shakatrade_ru
🍓 The best crypto exchange — Bingix! Click my referral link to activate your bonus! bingx.com/invite/D9E1B1/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.