After a strong impulsive rally toward the $0.012 zone, price is now in a clear correction phase with consecutive bearish candles and lower highs forming. This pullback indicates profit-taking and weakening short-term momentum, especially after failing to hold above $0.010.

Structure has shifted bearish in the short term, with price losing key support levels and drifting toward the $0.0075–$0.0080 demand zone. If this zone fails, further downside continuation is likely. Any bounce without reclaiming $0.0095 should be considered weak.

$MDT SHORT

Trade Plan

Entry Zone

$0.0080 to $0.0085

Stop Loss

$0.0098

Take Profit Targets

TP1 $0.0072

TP2 $0.0065

TP3 $0.0058

Why this setup

Strong rejection from top zone

Lower high formation

Bearish momentum continuation

Loss of key support levels

Wait for minor pullback before entry

Sell and Trade $MDT

MDT

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