$ME /USDT: Consolidation Phase with Scalping Opportunities

Currently, $ME /USDT is priced at $3.016, reflecting a 2.41% increase in the past 24 hours, with a peak of $3.160 during this period.

The RSI reading of 52.23 indicates a neutral momentum, pointing to a consolidation phase that presents short-term scalping opportunities.

Consider entering the trade around $3.010, with target prices set at TP1: $3.040, TP2: $3.070, and TP3: $3.100.

To protect your investment, establish a stop loss at $2.970, positioned just below the support level.

The market seems to be stabilizing following a recent surge, providing a low-risk entry point for traders.

It is advisable to secure partial profits at each target and keep a close watch for a breakout above $3.160, which could signal a potential bullish trend.

This strategy is well-suited for quick and precise trades within a consolidating market.

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