bit999

06/15 11:09

Bollinger Bands and MFI point to rebound potential

Market indicators support this possible scenario. At the time of analysis, the Bollinger Bands showed that MKR had traded into the upper band (red) on the chart.

Historically, moves into this region have led to price pullbacks—either toward the middle band (blue) or the lower support band (green).

Both of these levels typically provide strong support, allowing the price to rebound and potentially form higher highs.

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