⚠️ $MDT Post-Pump Setup — Is the Drop Just Getting Started?
$MDT /USDT exploded from 0.02204 to 0.03920 in a vertical, parabolic rally. But after hitting its peak, heavy selling kicked in, forming strong red candles and long upper wicks. This is a classic post-pump retracement setup, where prices often correct sharply before any potential recovery.
💹 Trade Plan — Short-Term Bearish Setup
🔻 Entry: 0.03350 – 0.03400 on a small bounce
🛑 Stop Loss: 0.03550 above the last swing high
🎯 Target 1: 0.03050 (recent support)
🎯 Target 2: 0.02880 (deeper support)
🎯 Target 3: 0.02750 (major support)
📊 Risk-Reward: Around 2:1 for Target 1 and 4:1 for Target 3 if the correction extends
📈 Why it matters
The sharp move up is unsustainable without a pullback. Profit-taking is evident from consecutive red candles and selling pressure at the highs. Unless bulls reclaim momentum, the correction could deepen.
📊 Profit Probability
✅ High (~85%) for Target 1
⚠️ Medium (~65%) for Target 3, which depends on breaking 0.03050 support
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