🚨 $MDT SHOWS RETRACEMENT AFTER A SHARP RALLY – WATCH FOR REBOUND! 🚨
$MDT is currently trading at $0.07532 on the 15-minute chart, pulling back after hitting a 24-hour high of $0.08499. Despite the retracement, the price has stabilized near the support level at $0.07424, signaling potential for a short-term rebound. The RSI sits at 42, suggesting MDT is nearing an oversold zone, which could attract buyers looking for a bounce.
If MDT holds above $0.07420, traders can expect a recovery toward resistance at $0.07800 and a potential retest of $0.08000. A stop-loss at $0.07350 is recommended to manage downside risk as market sentiment remains cautious. Keep a close watch for a volume uptick—this could confirm momentum for the next upward move.