Hello Paradisers, turn your attention to this token!
💎 MKR has been unable to establish newer highs on the daily timeframe and faced rejection in the supply zone.
💎Currently, MKR has decisively broken past its previous higher low, establishing a lower low - a bearish indication.
💎It seems MKR might be gearing up to form a new lower high before potentially continuing its descent. The optimal buying point would be within the Bullish Order Block or the Demand zone.
💎It's anticipated that within the demand area, the price could experience a strong bounce back, resuming its upward trajectory.