Technical Analysis for $MDT
/USDT🔥💯
Current Price: $0.06914
Trend: Bullish momentum with a 16.75% increase in the last 24 hours.
Key Levels:
Support Level 1: $0.06830
Support Level 2: $0.06100
Resistance Level 1: $0.07145
Resistance Level 2: $0.07195
Trade Signal:
Entry Point: Buy at $0.06914, as price has shown strong upward momentum and is holding near recent support levels.
Target Levels:
Target 1: $0.072 (Short-Term)
Target 2: $0.075 (Medium-Term)
Target 3: $0.080 (Long-Term)
Trade Momentum:
With the current momentum, if prices maintain the bullish trend, targets are achievable. However, market conditions should be monitored for potential pullbacks or reversals, especially near the resistance levels.
Make sure to use stop-loss to manage risks effectively around the $0.068 area if the price falls below.