$MDT Losing Momentum After Sharp Rally – Short Setup in Play❗
$MDT surged from $0.02666 to a high of $0.03068, marking an impressive +15.1% gain. However, a strong rejection near the top suggests potential exhaustion. If bulls fail to defend the $0.02950 support zone, bearish pressure could intensify.
Short Trade Setup:
Entry Zone: $0.02970 – $0.03020
Target 1 (TP1): $0.02820
Target 2 (TP2): $0.02690
Stop-Loss: Above $0.03080
Volume is thinning near the highs—wait for confirmation before entering the trade.
#TradeStories #PectraUpgrade #MostRecentTrade #MDT #FOMCMeeting