$MDX TECHNICAL ANALYSIS :

1. Price Movement:

Over the past 1 day, MDX/USDT has experienced a -25.95% decline.

However, in the last week, it has surged by 74.81%.

The monthly performance shows a 12.72% increase.

Year-to-date, there has been a -29.79% decrease.

The one-year performance stands at a 14.69% decline.

Over the past 5 years, MDX/USDT has seen a significant drop of -97.07%.

The all-time performance shows a staggering 96.27% decrease.

2. Technical Analysis:

- MDX/USDT is currently forming a descending channel on the 1-day timeframe.

If there's a successful breakout from this channel, we can expect a massive bullish wave.

The 0.618 Fibonacci level remains intact, indicating potential upward movement.

Keep an eye on the support and resistance levels for potential trading opportunities.

3. Recent Updates

The coin has corrected significantly (around 70%) on the daily chart.

Positive divergence is visible across multiple oscillators over an extended time frame. RSI resistance breakouts have occurred on both USD and BTC pairs.

These factors suggest a bullish bias for MDX/USDT.

:Remember that cryptocurrency markets can be highly volatile, so always exercise caution and consider your risk tolerance before making any trading decisions. If you have specific entry points, stop-loss, or take-profit levels in mind, make sure to adjust your strategy accordingly. 🚀📈

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