Technical analysis by SILICIDE about Symbol MKR: Buy recommendation (8/15/2025)

MKRUSDT is currently trading within a channel and has reached the outer support level — a zone from which the price has bounced twice in the past. If history repeats, a third upward move from this level is possible, offering a strong risk-to-reward (R:R) opportunity. A stop-loss can be placed around 1800 or 1750. If the price breaks below this level, wait for a retest of the broken support before entering a sell position. Until then, the market outlook remains bullish.