$MDT
/USDT BULLISH REVERSAL: TECHNICAL ANALYSIS
$MDT/USDT is showing strong bullish potential after consolidating near key support levels. Short-term MA(7) is slightly below MA(25) but well above MA(99), indicating the long-term trend remains positive. Despite a minor negative MACD crossover, the overall momentum favors buyers with volume supporting upward movement. Key resistance lies around 0.02462, while support is confirmed near 0.01814.
Trade Setup:
- Long Entry: 0.02030 – 0.02040
- Take Profit (TP): 0.02462, 0.02514
- Stop Loss (SL): 0.01810
Risk Management: Limit risk to 2% of trading capital. Adjust position size according to stop loss distance to maintain proper exposure.
