$MDT /USDT Current Price: $0.03688-Strong Bullish momentum

24h Change: +51.26%

24h High: $0.03799

24h Low: $0.02218

24h Volume: Approximately $43.98 million

Technical Analysis:

Trend: Strong bullish momentum observed in the 1-hour chart, with moving averages indicating a 92.86% bullish trend .

Resistance Levels: Key resistance at $0.038, with potential to test higher levels if momentum persists.

Support Levels: Immediate support around $0.022, with further support at $0.020.

Trade Setup:

Entry Zone: $0.022 – $0.023

Target 1: $0.038

Target 2: $0.042

Target 3: $0.050

Stop Loss: Below $0.020

Risk Management:

Ensure proper position sizing to manage risk effectively.

Avoid over-leveraging; consider using a maximum of 2x leverage.

Adjust stop loss levels if market volatility increases.

Market Sentiment:

The recent surge in MDT's price indicates strong buying interest and a shift in market sentiment towards bullishness. However, it's essential to monitor for any signs of reversal or consolidation.

Conclusion:

MDT has demonstrated impressive gains, supported by robust technical indicators and increasing trading volume. Traders should remain vigilant, adhering to the outlined trade setup and risk management strategies