After a strong upward breakout, $MDT is now showing signs of a short-term cooldown phase. On the 15-minute chart, a clear rejection near $0.03600 followed by multiple red candles indicates that bulls may be taking a breather — and a retracement could be setting in.
📍 Short Entry Zone: $0.03230 – $0.03260
🛑 Stop-Loss: $0.03320
🎯 Profit Targets:
TP1: $0.03120
TP2: $0.03040
TP3: $0.02900 (Final Target)
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📉 Technical Overview:
We’re seeing the early stages of a lower high formation, paired with declining volume and momentum. These signals often precede a pullback after rapid price expansion.
💡 Pro Tip: Instead of jumping in late, wait for confirmation of weakness — such as reduced volume and a confirmed lower high. The current market environment is still volatile, so it's wise to secure profits quickly.
🧠 This is not financial advice — just my personal market observation.
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