#MDT/USDT USDT – Short-Term Bearish Setup After Sharp Pump
Trend & Setup:
Price made a huge spike from 0.02204 to 0.03920, showing a vertical rally (parabolic move). After hitting the peak, sellers stepped in, and strong red candles followed. This is a post-pump retracement setup where the price often corrects before the next big move.
Chart Logic:
Sharp vertical move → unsustainable without a pullback
Long upper wicks show selling pressure
Consecutive red candles confirm profit-taking
Support zone is much lower than the current price
Trade Plan (Short-Term):