Technical analysis by CryptoAnalystSignal about Symbol MKR: Buy recommendation (6/18/2025)

#MKRThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel. This support is at 2008.We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.We are heading toward stability above the 100 moving average.Entry price: 2333First target: 2201Second target: 2097Third target: 2333