Maker (MKR) has experienced a strong comeback after months of decline, with the token jumping 11% to a high of $1,197 on February 19. This rally is attributed to renewed interest from whales and smart money investors. The buying pattern among smart DEX traders and whales, with buy volume outpacing sell volume, suggests a bullish sentiment. MKR's open interest has also surged 20%, indicating growing bullish sentiment among futures traders. Positive social sentiment and technical indicators, such as the MACD and Aroon indicator, also support the bullish view for MKR. Analysts predict further price gains, with the altcoin potentially gaining around 30% and the next key resistance level at $1,220.



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