$MBOX is currently in a ranging market structure.

The price is at 0.0516 USDT, hovering near the support level of 0.0509 USDT.

A breakout above the resistance at 0.0586 USDT could present a good entry opportunity.

With an RSI of 45.5, momentum remains neutral, indicating potential price consolidation.

Traders should be cautious of macroeconomic events and Bitcoin's movements, as they can impact market sentiment.

Volume is moderately high at 2,394,818.4, suggesting active interest in MBOX.

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