#MuskAmericaParty Here's a technical analysis post tailored for Binance about $MDT
/USDT, complete with three 🎯 target levels and brief explanations:
📈 #MDT/USDT Technical Analysis – July 8, 2025
🕒 Timeframe: 1D | 📍 Exchange: #Binance
MDT is showing strong momentum today with a +31.34% gain, currently trading at $0.01693. The move follows a bounce off the 24h low of $0.01265, testing resistance near the local high of $0.01968.
🧠 Indicators:
RSI (6): 40.39 → Currently neutral to slightly oversold – a potential reversal zone.
Volume Surge: 24h Volume at 19.30M, signaling renewed trader interest.
Price Structure: Higher lows forming on lower timeframes, suggesting bullish continuation potential.
🎯 Key Targets (Short-to-Mid Term):
🎯 Target 1 – $0.01920
➤ This is the first major resistance, previously shown in depth as a strong sell wall.
➤ Breaking above this could confirm short-term bullish momentum.
🎯 Target 2 – $0.02180
➤ Historical resistance from late May 2025.
➤ A successful breakout here could attract more volume and FOMO buyers.
🎯 Target 3 – $0.02500
➤ Psychological round number and a previous swing high from March.
➤ If volume sustains and BTC remains stable, this could be a realistic mid-term target.
💡 Strategy Insight:
Watch for a clean break and close above $0.01920 with rising volume for confirmation. A pullback to $0.01590 (support) could provide a favorable re-entry for bulls.
📊 Risk Management Tip: Set stop-loss below $0.01400 to manage downside.
🚨 This is not financial advice. Always DYOR.
#CryptoTrading #Altcoins #TechnicalAnalysis #Binance #MDT
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