🚨 THE Faces Steep Drop – Will It Recover? 🚨
THE is trading at $2.7086, down 18.17%, nearing its 24-hour low of $2.6720. Immediate resistance lies at $2.9138, while a breakdown below support could extend the bearish trend.
Trade Setup:
Long Entry: Above $2.9138, targets at $3.0000, $3.1500, $3.3000. Stop loss at $2.6800.
Short Entry: Below $2.6720, targets at $2.6000, $2.5000, $2.4000. Stop loss at $2.7500.
Next Move: Bearish momentum persists; bulls must reclaim $2.9138 for recovery. Failure at $2.6720 risks further decline. Stay cautious!