Maker [MKR] hit a key resistance level- Will shorting yield profit?

ambcrypto.com:

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

Maker’s [MKR] rally could slow down as it faces key obstacles on its upward trajectory. The token hiked by 16% and 20% in the past 24 hours and seven days, respectively, according to CoinMarketCap.

However, it has reached a crucial resistance level of $915, which could derail the momentum of the uptrend. 

Read Maker’s [MKR] Price Prediction 2023-24

In another new development, MakerDAO has approved Aave’s Direct Deposit Module with a debt ceiling of 5 million DAI units. The move is aimed at stabilizing the borrowing rate of DAI at 2%. The liquidity provision will also extend to Aave’s rival, Compound Finance. 

5 million of fresh DAI generated and supplied to @AaveAave protocol's DAI market.