MDT/USDT Technical Analysis – Price Targets 🚀
The MDT/USDT pair has seen impressive movement recently, with a notable 16.96% increase over the past 24 hours. Let's dive into the technical analysis and set some targets for potential price action.
🔑 Key Price Levels:
Current Price: $0.05164
24h High: $0.05266
24h Low: $0.04404
📊 Technical Indicators:
The pair is trending positively, and we're seeing support at $0.04404 and resistance around $0.05266. The SAR indicator suggests that the uptrend remains intact, with a current SAR value of $0.05194, indicating potential continuation to the upside.
🎯 Target 1 – $0.05310 (Resistance Zone)
The first target to watch is $0.05310, a level where selling pressure may increase. If price action breaks this resistance, we could see a continuation towards higher levels.
🎯 Target 2 – $0.05266 (Short-Term Resistance)
$0.05266 is an immediate short-term resistance level that has already been tested in the last 24 hours. A break above this level could trigger bullish momentum, pushing the price higher.
🎯 Target 3 – $0.04993 (Support Zone)
For those looking for a potential entry point or confirmation of trend strength, $0.04993 is a crucial support level. If the price retraces to this zone, it could offer a good buying opportunity, assuming the trend remains bullish.
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