$THE Long Position Liquidated: $58.8K at $2.376

Important Update on $THE (The Graph): A long position worth $58.8K was liquidated at $2.376, demonstrating the sharp price movements in the current market. This liquidation suggests potential pressure on the uptrend.

What’s Next for $THE ?

We might see a temporary dip, with possible support around $2.25.

If the price holds above this level, it could indicate a buying opportunity for a short-term bounce.

Watch for any bullish signals like increasing volume or a break above $2.50 to confirm upward momentum.

Trading Tip:

Ensure proper risk management and wait for clearer signals before entering any new positions.

Volatility is high, so patience is key.

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