Technical analysis by coin_mastermind about Symbol MKR on 5/30/2025
https://sahmeto.com/message/3563261

coin_mastermind
Rank: 31153
Analytical Power:
1.1
MKR – Weekly Channel Breakout, Daily Rising Wedge
Neutral
Price at Publish Time:
$1,646.38

📈 MKRUSDT has broken out of a long-term descending channel on the weekly chart, and the retest is holding so far — a sign of potential strength. 🔹 On the daily timeframe, price action is forming a rising wedge — a structure to watch closely as momentum could build quickly if confirmed. 💡 Risk management is key — safe stop-losses and tight entries are the name of the game here. 👀 Stay alert — this one is heating up!
Source Message: TradingView