$MDT /USDT – BEARISH MOVE IN PLAY!

Market is Showing Weakness – Caution for Longs!

Current Price: $0.01608

24h Change: -5.41%

KEY LEVELS:

🔹 Resistance Zone:

$0.01660 – Recent rejection area

$0.01722 – 24h High

🔹 Support Zone:

$0.01545 – Strong historical support

$0.01528 – 24h Low

TECHNICAL OUTLOOK:

MDT is currently forming lower highs and lower lows on the 1H & 4H timeframes, indicating bearish momentum. Price is hovering below the mid-range of the recent downtrend, facing resistance at $0.01660.

TRADE SETUP – SHORT ENTRY IDEA:

Entry: $0.01620 – $0.01640 (on retest of resistance)

Targets:

TP1: $0.01580

TP2: $0.01545

TP3: $0.01500

Stop Loss: $0.01670 (above resistance wick)

RISK MANAGEMENT:

🔸 Use 1-2% of capital per trade

🔸 Stick to your SL, don’t average into loss

🔸 Risk-Reward: Aim for minimum 2:1

Let the chart guide you, not your emotions!

Always DYOR before trading!

#CryptoTrading #MDTUSDT #BearishSetup #ShortTrade #RiskManagement #Write2Earn $MDT