$MDT /USDT BEARISH BREAKDOWN AHEAD 📉 – KEY LEVELS & SHORT TRADE SETUP
🚨 Current Price: $0.01610
⚠️ 24h Change: -7.15%
📉 Trend: BEARISH MOMENTUM IN PLAY
🔍 TECHNICAL ANALYSIS
📌 Key Resistance Levels:
$0.01760 (Major Resistance – recent top)
$0.01700 (Short-term rejection zone)
📌 Key Support Levels:
$0.01580 (Crucial support – last demand zone)
$0.01560 (Breakdown trigger if lost)
🔎 MDT has been in a strong downtrend, losing over 22% in the past 7 days and now consolidating just above $0.01600. Volume spike on red candles indicates bearish pressure remains dominant.
💣 SHORT TRADE SETUP
🔻 Entry: $0.01600
🎯 Take Profit (TP):
TP1: $0.01580
TP2: $0.01560
TP3: $0.01500 (Extended target if sell-off continues)
🛑 Stop Loss (SL): $0.01700 (Above resistance zone)
⏳ Risk/Reward Ratio: ~1:2.5 (favorable for short setups)
⚠️ RISK MANAGEMENT
💼 Use only 1-2% of your capital per trade.
✅ Wait for bearish confirmation candle on 15m/1h timeframes before entry.
📛 Respect SL – the trend is your friend, but volatility is ruthless!
📉 BEARISH SENTIMENT CONFIRMED – PATIENCE PAYS!
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