MKR – Bull Pennant Breakout, Eyes on $3000

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MKR – Bull Pennant Breakout, Eyes on $3000MKRUSDT SPOTBYBIT:MKRUSDTGoldfinch_songBreakout Confirmation: MKR has broken out of a daily bull pennant, signaling bullish momentum. The breakout candle reclaimed key HTF S/R (~$1987–$2000 zone) and flipped it to support. Entry and Risk Zone: Ideal long entries are on retests of this S/R flip ($1987–$2000). Invalidation below $1826 (recent low and support). Upside Target: First target at $2759, full target at $3000 zone, just below the marked supply. Trade Management: Trailing stops recommended as price approaches $2750–$2800 to lock in gains. MKR just broke out of a clean daily bull pennant pattern, confirming a structural shift with a retest and reclaim of high timeframe S/R. This level, previously strong resistance, now acts as support. Combined with the breakout and the momentum from recent market dips, the setup favors continuation to the upside with $2750–$3000 as the likely destination. Failure to hold $1826 invalidates the bullish scenario.