$MDT at 0.01822 is slipping beneath its intraday support band, and the tape suggests that upside attempts are getting absorbed quickly. Momentum favors sellers as long as price stays under nearby supply.
Market Stance: Bearish
Ideal Short Region: 0.01830 – 0.01855
Downside Objectives:
• 0.01770 – immediate weakness zone
• 0.01720 – continuation level
• 0.01665 – breakdown extension
Stop-Loss: 0.01880
With declining bid strength and repeated lower highs, $MDT is vulnerable to further pullbacks. Any bounce into the short region should be treated cautiously unless buyers reclaim control above resistance.
