Technical analysis by candle_crafts about Symbol MKR on 9/7/2025

MKR feels like an old NFT collection nobody wants to delist — stuck in the same value band, waiting for someone to blink. Let’s break down the ranges before the next move. High Timeframes (Weekly → 2D → 12H) – Weekly HL carved 1.55–1.60k. Supply 1.95–2.15k, demand 1.50–1.60k. Pullback lighter volume = corrective. – 2D: Selloff 2.35k → 1.56k, bounce capped 1.78–1.80k. Still LH sequence unless >1.82k accepted. FVGs: 1.66–1.70k, 1.72–1.75k. – 12H: Range 1.66–1.79k, mid ~1.72–1.73k. Sweep + impulse, now balanced. • Bullish = close >1.78–1.82k → 1.90–1.95k. • Bearish = close <1.66–1.68k → 1.60k. Orderflow / Profile – POC 1.72–1.73k. – VAL 1.68–1.69k, VAH 1.76–1.77k. – Sellers active 1.76–1.79k, buyers defend 1.68–1.70k. – Auction balanced 1.69–1.77k. Derivatives Context – OI steady-to-down, funding ~0, CVD soft → spot-driven. – Liquidations modest, balanced. Inter-Market – BTC mid-range, BTC.D <60% → alt backdrop supportive. MKR profile still locked until value migrates. Conclusion MKR is boxed 1.69–1.77k with POC ~1.72–1.73k. Break outside VAH/VAL defines the next leg. Until then → two-sided grind. 💡 Pro Tip: In profiles like this, where price is auctioning inside a tight band, grid bots shine. They automate the “buy support / sell resistance” rotation, turning range chop into consistent profit while most traders overtrade. Candle Craft | Signal. Structure. Execution.