$MDT /USDT BEARISH BREAKDOWN – SLIDING TOWARDS LOWER SUPPORTS AS BEARS STRENGTHEN GRIP!

🔍 Current Price: $0.01637

📉 24h Change: -4.88%

📊 7D: -21.97% | 30D: -46.18% | 180D: -74.52%

🔎 Technical Analysis:

$MDT /USDT is under strong selling pressure, with consistent lower highs and lows. The price has failed to reclaim key resistance and is now trading around $0.01637, close to a fragile support level.

📌 Key Levels:

Resistance Levels:

$0.01700 – Minor resistance

$0.01736 – 24h High

$0.01800 – Strong swing resistance

Support Levels:

$0.01600 – Local support

$0.01579 – 24h Low and key level to hold

$0.01520 – Likely next stop if breakdown continues

📉 Trade Setup (SHORT):

Entry: $0.01630 – $0.01650

Target 1 (TP1): $0.01579

Target 2 (TP2): $0.01520

Stop Loss (SL): $0.01710

📌 Confirmation: Strong 15min or 1H candle close below $0.01600.

🌐 Market Outlook:

Trend is clearly bearish, and unless MDT breaks back above $0.0173 with volume, further downside is likely. Weak volume and poor price recovery indicate lack of bullish interest.

🛡️ Risk Management:

Limit risk to 1-2% per trade

Use Stop Loss without fail

Avoid overtrading in a choppy zone

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$MDT