$MDT /USDT – Short-Term Bearish Play After Strong Pump

Trend & Setup:

MDT surged sharply from 0.02204 to 0.03920 in a steep, parabolic rally. After peaking, sellers quickly stepped in, producing strong red candles. This is a classic post-pump pullback scenario, where price typically corrects before attempting another major move.

Chart View:

Sudden vertical rise → usually followed by a retracement

Long upper wicks indicate selling pressure

Consecutive red candles confirm profit-taking

Nearest solid support lies well below the current price

Trade Plan (Short-Term):

Entry: 0.03350 – 0.03400 on minor rebound

Stop Loss: 0.03550 (above last swing high zone)

Targets:

TP1: 0.03050

TP2: 0.02880

TP3: 0.02750

Risk/Reward:

TP1 → roughly 2:1

TP3 → around 4:1 if the sell-off deepens

Profit Potential:

TP1: High probability (~85%) due to strong post-pump selling

TP3: Moderate probability (~65%), relying on a clean break of 0.03050 support

Note:

Patience is key—wait for a bounce toward the entry zone to keep risk low.