$MDT
๐ MDT FULL ANALYSIS
Trend / Market Structure:
MDT is currently in an uptrend, but recently showing signs of consolidation.
Higher Highs & Higher Lows are maintained, indicating bullish momentum.
On shorter timeframes, a minor pullback could occur before continuation.
Support / Resistance:
Immediate Support: $120
Strong Support: $115
Immediate Resistance: $130
Strong Resistance: $135
Outlook / Bias:
Bullish bias from a medium-term perspective.
Short-term minor corrections possible, but long-term uptrend remains intact.
Trade Setup:
Buy Zone: $118 โ $121
Target 1 (T1): $130
Target 2 (T2): $135
Stop Loss (SL): $114
Logic / Rationale:
Price is currently at a strong support zone, previously acting as a demand area.
Market structure shows buyers in control.
Breaking above resistance zones could trigger strong momentum.
