$MDT

/USDT Technical Analysis & Trade Signal

Trend Overview:

Momentum: Bearish in the short term (-0.40% in 24h)

Support Level: $0.05800

Resistance Levels: $0.06450, $0.06498

Trade Signal:

Buy Zone: $0.05500 - $0.05800 (near the 24h low and key support)

Sell Zone (Profit Targets):

1. ๐ŸŽฏ Target 1: $0.06250 (short-term resistance)

2. ๐ŸŽฏ Target 2: $0.06450 (24h high)

3. ๐ŸŽฏ Target 3: $0.06800 (breakout potential above order book resistance)

Momentum Indicators:

RSI: Neutral at 50-55, awaiting direction

MACD: Approaching a possible bullish crossover on the 4H chart

Recommendation:

Entry Point: Consider entering near $0.05800 if momentum holds.

Stop Loss: Set at $0.05450 to limit downside risk.

Monitor volume closely for confirmation of a reversal to ensure upward momentum is sustained.

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