Technical analysis by Miketubarao about Symbol MKR: Buy recommendation (12/15/2024)

Maker is showing really great momentum in the higher timeframes, it is above anchored vwap from may 2021 high and above value area high from jan 2023 to now. If mkr manages to close a weekly candle above $1853 will indicate a possibility to reach the 2024 highs. The target is between fibonacci retracement levels/extension levels and value area high from last bull run.TARGET: $3211 to $3810 up to (+97%)