$MDT ATTEMPTING RECOVERY – CAN IT HOLD ABOVE SUPPORT?
$MDT is currently trading at $0.02108, showing early signs of stabilization after an aggressive -18% drop. Price is testing short-term resistance while volume remains relatively muted. A decisive breakout or breakdown could follow soon.
Key Levels to Watch
• Resistance: $0.02120
• Support: $0.02060
Trade Setup – Prepare for Breakout or Rejection
Bullish Entry:
A breakout above $0.02120 with volume may initiate an upside run:
TP1: $0.02170
TP2: $0.02220
Bearish Entry:
A break below $0.02060 could lead to further correction:
TP1: $0.02010
TP2: $0.01960
Stop-Loss: Use tight SL below $0.02040 for longs or above $0.02125 for shorts to manage risk.