$MDT /USDT – Short-Term Bearish After Parabolic Pump

Trend & Setup:

Price surged from 0.02204 → 0.03920 in a sharp parabolic rally.

Sellers quickly stepped in after the peak, producing strong red candles.

This is a post-pump retracement phase, where a pullback is likely before any new uptrend.

Chart Signals:

Vertical spike = unsustainable without correction.

Long upper wicks = heavy selling pressure.

Consecutive red candles = active profit-taking.

Key support sits far below the current price.

Trade Plan (Short-Term):

Entry: 0.03350 – 0.03400 (on small bounce)

Stop Loss: 0.03550 (above last swing high)

Targets:

T1: 0.03050 (~2:1 R/R) ✅ High probability (~85%)

T2: 0.02880

T3: 0.02750 (~4:1 R/R) ⚠ Medium probability (~65%)

Notes:

Don’t chase the drop — wait for a bounce to the entry zone.

Target 3 depends on breaking 0.03050 support.