$MDT 's recent price action, showing a 1.062% decline, reflects overall market weakness, with its low hitting 0.03052 amid a bearish trend. The Bollinger Bands indicate contracting volatility, suggesting a potential range-bound movement between 0.03041 and 0.03163. Support at 0.03021 is critical to watch; a breakdown could intensify selling pressure. Macroeconomic factors, including potential regulatory changes and inflation data, might further influence market sentiment, yet Bitcoin's role remains uncertain. Given the current downtrend and heightened volatility, traders should adopt a short-term strategy, focusing on quick trades around support and resistance levels. A key takeaway is to monitor macroeconomic developments closely, as they could shift MDT's trajectory significantly.
