$MDT /USDT is currently trading around 0.01467, down roughly -2.3% in the last 24 hours. Price has seen a clear intraday downtrend, followed by a sharp sell-off from the 0.01510–0.01540 region into the 0.01461 low.
This drop has brought MDT into a short-term demand zone, where price is now attempting to stabilize after aggressive selling pressure.
On the 1H timeframe, the strong bearish candles are starting to shrink near the lows, suggesting selling momentum is slowing, and a relief bounce becomes possible if buyers step in with volume.
Market Structure Overview
Major Resistance: 0.01505 – 0.01540
Immediate Support: 0.01460 – 0.01465
Trend Context: Short-term bearish, testing demand
Bias: Neutral to cautious bullish only above support
A reclaim of 0.01490 – 0.01500 would be the first sign of bullish intent.
Trade Setup (Speculative Bounce Play)
Entry Zone:
• 0.01460 – 0.01470
Target 1 🎯:
• 0.01490 (first reaction / structure level)
Target 2 🎯:
• 0.01510 (previous consolidation zone)
Target 3 🎯:
• 0.01540 (24H high / major resistance)
Stop Loss:
• 0.01445 (clean breakdown below demand)
Scenario Outlook
If 0.01460 support holds, $MDT can attempt a short-term recovery toward 0.01510 and higher.
A strong volume push above 0.01510 would shift momentum bullish and open the door for continuation.
A breakdown below 0.01445 invalidates the setup and signals further downside risk.
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