MDT/USDT
– Consolidation after the rise, the next move is in preparation
• Price stability above 99MA after the significant rise
• Tight range between 7MA and 25MA
– The explosion is loading. MDT made a huge move from 0.01516$ to 0.02343$ before sharply retracting. Since then, the price has entered a tight consolidation range between
7MA (0.01678$) and 25MA (0.01714$), while holding above 99MA (0.01590$)
– indicating that the trend support is still intact.
The current sideways movement is forming a base. A decisive break above 0.01720$ may confirm the next upward wave.
Long trade setup:
Entry: 0.01660$ – 0.01710$
Targets:
TP1: 0.01830$
TP2: 0.02000$
TP3: 0.02280$
Stop loss: 0.01540$
Watch the volume and structure – an explosion from this consolidation may lead to another momentum surge.
