After a sudden impulsive pump, $MDT price faced heavy rejection from the top and failed to sustain higher levels.......
The strong sell-off candle followed by weak consolidation shows buyers are exhausted, and distribution is taking place. Current structure favors continuation to the downside as price trades below the rejection zone.
Trade Setup: Short
Entry Range: 0.0141 – 0.0144
Target 1: 0.0136
Target 2: 0.0130
Target 3: 0.0125
Stop Loss (SL): 0.0156
Market Outlook:
Bearish momentum remains dominant. As long as price stays below the recent high rejection area, further downside is expected. Manage risk carefully due to volatility after the pump.


