$ME /USDT has been consolidating in a narrow range for the past few hours, with the price oscillating between $3.108 and $3.050. The 15-minute chart shows indecision, with no clear directional bias.
Current Price: $3.108
Entry Price: $3.108 (on a break above the upper resistance level of $3.108 with a stop loss below $3.050)
Key Levels:
* Resistance: $3.108
* Support: $3.050
Take Profit Targets:
* TP1: $3.150
* TP2: $3.200
* TP3: $3.250
Stop Loss: $3.050
Caution:
Traders should exercise caution and monitor the market closely for any signs of stability or potential breakout signals. The current price action suggests a sideways trend, and a decisive break above the resistance level of $3.108 is needed to confirm a bullish trend.
#MEUSDT #CryptoTrading #TechnicalAnalysis #Binance #TradingSignal