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Technical analysis by Stoic-Trader about Symbol MKR: Sell recommendation (7/20/2025)

https://sahmeto.com/message/3648227
Stoic-Trader
Stoic-Trader
Rank: 2640
2.1
Sell،Technical،Stoic-Trader

On the 4H Chart the 2,200 supply zone proved to be too strong for bulls, and there was a strong rejection. My primary count considers that was wave Y, and I´m currently neutral to bearish. A break of blue support zone around 1,970 should take us to another retest of 1,700 support.

Translated from: English
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Signal Type: Sell
Time Frame:
4 hours
Price at Publish Time:
$2,045.37
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