$ MDT#/USDT on Binance with a 15-minute interval, here's a potential single trading idea:
Trade Type: Short-term Buy (Long) Trade
Entry Point: Around 0.02450 - 0.02470
(Price is currently at 0.02497 but has shown strong support forming in the 0.02450 range.)
Target (Take Profit): 0.02650 - 0.02700
(The price recently peaked near 0.02778, so targeting just below for a safer exit.)
Stop-Loss: 0.02380
(Set just below the previous local consolidation zone to minimize downside risk.)
Reasoning:
Recent upward momentum with a pullback suggests potential continuation.
Volume spike indicates interest and liquidity.
If BTC and overall market sentiment remain neutral or positive, MDT could retest recent highs.
Let me know if you want a different time frame or a more aggressive/conservative setup.
