🚨 $THE /USDT: MAJOR DOWNTURN OR A REVERSAL OPPORTUNITY? 🚨
$THE is facing intense selling pressure, currently trading at $2.9936, down 20.88% in the last 24 hours. After hitting a low of $2.8900, it’s showing signs of potential consolidation. The next move could define its direction!
💡 Key Levels to Watch for $THE:
1️⃣ $3.1500 – Immediate resistance; breaking this level could signal a reversal.
2️⃣ $3.3000 – A move above this target would confirm bullish recovery.
3️⃣ $3.4500 – Long-term resistance, achievable with sustained buying pressure.
📉 Support Zone: $2.8900 – Critical to hold; a break below this level might extend the sell-off to deeper lows.
As $THE hovers near support, traders should monitor for either a bounce or further decline. Use caution and set tight stop-loss levels to manage risks effectively.
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