$MDT $MDT ### Professional Analysis
#### Current Price and Performance
- **Current Price:** $0.04266
- **24h Change:** -6.43%
- **24h High:** $0.04421
- **24h Low:** $0.04128
- **24h Volume:** 4.44M
- **Moving Averages:**
- **MA(7):** $0.04421
- **MA(25):** $0.04347
- **MA(99):** $0.04210
#### Support and Resistance Levels
- **Support Levels:**
- $0.04210 (MA(99))
- $0.03707 (previous low point)
- **Resistance Levels:**
- $0.04421 (MA(7))
- $0.04798 (recent high point)
- $0.05304 (highest point in recent trading period)
#### Entry Signal
- **Entry Point:** Around the current price of $0.04266, especially if the price shows signs of bouncing off the MA(99) level at $0.04210.
- **Stop Loss:** A stop loss can be set just below the support level at $0.03707 to minimize potential losses.
- **Take Profit Levels:**
- First Take Profit: Around the MA(7) level at $0.04421.
- Second Take Profit: Around the recent high at $0.04798.
- Third Take Profit: Around the highest point at $0.05304.
### Summary
The chart shows a downtrend with the price currently below the short-term moving averages but near the long-term MA(99), which could act as a support level. The volume has seen a significant spike recently, indicating increased trading activity. The suggested entry point is around the current price with a stop loss below the support level and multiple take profit levels based on recent resistance points.
Happy trading! 📉📈
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