$MDT 📊 MDT/USDT Technical Analysis – Binance Update 🎯
🚀 Current Price: $0.07665 (+17.69%)
📈 24h High: $0.08500
📉 24h Low: $0.05966
📊 24h Volume: 685.84M MDT (~$50.20M USDT)
Key Insights
1️⃣ Support Level: $0.07047
Strong buyer activity has been observed near this level. If the price retraces, this area might act as a cushion.
2️⃣ Resistance Levels:
Target 1: $0.08500 – Immediate resistance from the recent 24h high. Breaking this could spark further momentum.
Target 2: $0.08726 – Depth indicator shows heavy sell walls around this range. Watch for consolidation here.
Target 3: $0.09400 – Psychological level and key milestone for bullish continuation.
Technical Indicators
📌 SAR (Stop and Reverse): $0.04916
Indicates the current bullish trend is strong but monitor closely for reversals if price dips below $0.070.
📌 BOLL (Bollinger Bands):
Increased volatility suggests breakout potential. Keep an eye on the $0.085-$0.087 range.
📌 MACD:
Positive crossover indicates growing momentum. Watch for sustained upward movement if volume stays high.
Trading Strategy
🔍 Look for a break above $0.08500 with high volume to confirm bullish continuation.
📉 A dip to $0.07047 could be a buying opportunity, provided selling pressure doesn't increase.
🎯 Targets:
Short-term: $0.08500
Mid-term: $0.08726
Long-term: $0.09400
💡 Pro Tip: Always use stop-loss orders to manage risk in this volatile market!
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