The cryptocurrency Measurable Data Token ($MDT ) is currently trading at USD 0.03578, with an increase of +1.16% in the intraday session. It has fluctuated between USD 0.04428 and USD 0.01536 during the day.
1. Market Behavior
In the last few hours, MDT shows a clear upward trend after breaking volume records, suggesting an influx of aggressive buyers. Intraday volume has increased by more than 500%, evidencing high speculative activity.
2. Context of the Movement
The recent rally has technical backing: a strong breakout in a falling wedge pattern on Binance MKT (MDT/USDT), accompanied by high volume and a break above previous resistances. Additionally, trends like #MDTUSDT, #CryptoTrading, and #AltcoinAnalysis on Binance are on the rise, reinforcing positive sentiment.
3. Technical Analysis
Falling Wedge: Pattern broken upward with robust volume. It can generate +150–200%, with initial targets at USD 0.058–0.06.
Daily RSI: In oversold/neutralization zone, suggestions of a rebound. High probability of relief rally, with potential +30–45%.
Moving Averages (EMA200h): Recent bullish crossover above the EMA200 (hourly chart). Classic technical signal of momentum, pointing to an additional 10–20% in the coming hours.
The crypto market favors MDT at this moment: the combination of technical breakout, volume influx, and RSI signal points to a continued rally. If support at USD 0.033–0.035 is confirmed and momentum persists, we could see resistances at USD 0.058–0.06 being reached soon.
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