$ME /USDT

pair has been consolidating in a narrow range for the past few candles. The price action has been relatively flat, with no significant upward or downward momentum.

Current Price: $3.565

Entry Price: $3.565 (Buy on the dip, if the price dips below the current level)

Resistance Levels:

* $3.600 (Immediate resistance)

* $3.626 (24-hour high)

Support Levels:

* $3.550 (Immediate support)

* $3.500 (Stronger support level)

Take-Profit Targets:

* Target 1: $3.600

* Target 2: $3.626

* Target 3: $3.650

Stop Loss: $3.500

Caution:

* Traders should be cautious as the market is currently in a consolidation phase.

* It's important to watch for any signs of a breakout or breakdown.

* A breakout above $3.600 could signal further upside potential.

* A breakdown below $3.500 could lead to a deeper correction.

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