MDT Token Surges 19.51% in 24 Hours as Whale Holdings Drive Volatility and Volume Exceeds $15M

MDTUSDT has experienced a significant 24-hour price increase of 19.51%, rising from 0.01302 to 0.01556 according to Binance data. This sharp upward movement is primarily attributed to technical factors highlighted by recent trading activity, including a MACD bullish crossover, EMA crossover, and a breakout above resistance levels at $0.0143 and $0.0165, as discussed on major trading platforms. Additionally, the concentration of 82.47% of circulating MDT supply in whale wallets has impacted liquidity, potentially amplifying price volatility. Despite the recent rebound, overall market sentiment remains cautious, with MDT previously in a downtrend and showing signs of consolidation. Current market metrics show strong trading activity, with a 24-hour volume exceeding $15 million and a market capitalization near $8.78 million, reflecting heightened interest and volatility in the MDTUSDT pair.