#MKR/USDT 2D (ByBit) Big falling wedge breakout and retest

Maker pumped nicely after regaining 100EMA support and is now facing strong supply zone.
RSI looks quite overbought as well, a retracement down would make sense.

⚡️⚡️ #MKR/USDT ⚡️⚡️
Exchanges: KuCoin Futures, Binance Futures, ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.2X)
Amount: 4.9%

Entry Zone:
1027.0 - 1104.0

Take-Profit Targets:
1) 903.5
2) 781.5
3) 659.5

Stop Targets:
1) 1201.0

Published By: @TradingOn

MKR #MKRUSDT #Maker #DAO

Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0

Trade closed: target reached:

TP1 was reached with +1.2R

MKR got sold-off and bounced back to demand zone, nice quick profit, time to secure it.