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$MDT UPDATE: Massive Breakout – Bull Run Loading? 📈💎
MDT (Measurable Data Token) is absolutely exploding today, currently up +15.49% and trading at $0.01141. After a vertical spike to $0.01339, we are seeing a healthy consolidation as the market digests the move.
🔍 Professional Analysis:
• Bullish Confirmation: The 1H Supertrend is GREEN, providing rock-solid support at $0.00995. As long as we hold above this floor, the trend remains aggressively bullish.
• Volume Explosion: 24h trading volume is surging with 111.33M MDT traded, confirming high institutional and retail interest.
• Short Squeeze Alert: The Order Book is currently 66.37% Shorts vs 33.63% Longs. This heavy short-bias is the perfect fuel for a "Short Squeeze"—if we break local resistance, these bears will be forced to buy back, sending the price even higher!
🎯 The Professional Trade Plan:
🟢 Bullish Entry (Optimal Zone):
• Entry Range: $0.01080 – $0.01130 (Wait for a retest of the breakout base).
• Target 1: $0.01250 🎯
• Target 2: $0.01339 (Previous 24h High).
• Target 3: $0.01500+ 🚀
• Stop Loss: $0.00980 (Safety net below the Supertrend support).
🔴 Risk Management:
• Immediate Floor: $0.00943 (24h Low).
• Warning: A 1H close below $0.00995 would invalidate the current bullish momentum.
🔥 Expert Insight: Don't FOMO into the top wick. Successful traders buy the retests, not the green candles. With 66% Shorts trapped, the upside potential is significant if the support holds!
#MDT #CryptoAnalysis #tradingStrategy #Binance #ShortSqueeze 📊✨