$MDT
– SHARP REJECTION AFTER SPIKE, BEARS TAKING CONTROL
REJECTED FROM $0.03619
INTRADAY SELL PRESSURE BUILDING
After a strong rally from $0.02508 to $0.03619, $MDT faced a sharp rejection at the local high, printing multiple bearish candles and confirming selling pressure. The breakdown below $0.03186 and failure to reclaim it suggest a shift in momentum toward the downside. Unless the price reclaims $0.03150–$0.03200, the short-term trend favors a pullback.
Short Trade Setup:
• Entry: $0.03080 – $0.03140
• Stop Loss: $0.03220
• Target 1: $0.02900
• Target 2: $0.02720
• Target 3: $0.02580
Downtrend likely to continue if price stays under key resistance. Watch for lower highs and volume fade.
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