Potential Decline in Supply Zone
MKR is currently in a supply zone, a level it has reached before, leading to a halt in price increase and a subsequent downward trend. It has established a demand zone, indicating potential for upward price movement.
However, with MKR at the supply zone again, there's a risk of another downward shift. The asset is following an upward trend line, but a break below this trend could trigger a fall towards further demand areas.
This analysis is for informational purposes only and should not be considered as financial advice.
However, with MKR at the supply zone again, there's a risk of another downward shift. The asset is following an upward trend line, but a break below this trend could trigger a fall towards further demand areas.
This analysis is for informational purposes only and should not be considered as financial advice.
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