$MDT /USDT Technical Analysis: Momentum Building, Targets in Focus

Current Price: $0.06451 (+6.68%)

Bullish Targets for Long Trades

Target 1: $0.06700 (Recent high resistance)

Target 2: $0.06900 (Breakout continuation)

Target 3: $0.07200 (Extended bullish target)

Long Trade Signal:

Entry Point: Above $0.06500 for bullish confirmation.

Stop-Loss: $0.06200 to protect against downside risk.

Strategy: Look for strong buying volume near $0.06500. A breakout above $0.06700 could propel prices higher.

Bearish Targets for Short Trades

Target 1: $0.06300 (Immediate support)

Target 2: $0.06100 (Deeper retracement level)

Target 3: $0.06000 (Critical support zone)

Short Trade Signal:

Entry Point: Below $0.06350 for bearish confirmation.

Stop-Loss: $0.06550 to minimize risk.

Strategy: Watch for rejection near $0.06700 resistance. A breakdown below $0.06300 could signal further downside.

Market Insight:

$MDT /USDT has rebounded strongly from $0.06200 and is testing resistance near $0.06500. A breakout above this level could lead to a bullish continuation, while failure to sustain momentum may result in a pullback.

Pro Tip: Use volume analysis and moving averages to confirm trend direction and adjust targets dynamically.

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