🧠 $MDT /USDT – Oversold Reversal Setup Forming?

MDT
MDT
0.01443
+9.07%

-22.48% Drop | Eyeing Potential Bounce After Heavy Sell-Off 🔁

📊 Price Snapshot:

Current Price: $0.02090

24h Change: -22.48%

24h High: $0.02701

24h Low: $0.02008

📈 Volume Details:

24h Volume:

MDT Tokens: 212.17M

USDT: $4.87M

📉 Order Book Depth:

Resistance Levels: $0.02836 / $0.02796 / $0.02662

Support Levels: $0.02489 / $0.02315 / $0.02142 / $0.02090 / $0.02008 / $0.01968

📉 Momentum Analysis:

$MDT has seen sharp downside movement, hitting oversold zones on multiple timeframes. With volume still active and price consolidating near support, a technical rebound could follow if buyer interest steps in.

🎯 Rebound Long Setup:

Entry Zone: $0.0198 – $0.0212

Targets:

T1: $0.0236

T2: $0.0259

T3: $0.0283

Stop Loss: $0.0192

📌 Breakout Confirmation Level: $0.02400

📌 Key Support: $0.02008

💡 Pro Tip:

Wait for bullish confirmation (e.g., RSI reversal + volume spike on 15m/1h). MDT historically reacts sharply from bottom zones — nimble entries can offer solid risk-reward here.

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