$THE /USDT Technical Analysis and Trade Signals

Current Price: 1.8215 USDT

Momentum: Neutral-to-Bullish (Short-term correction, but potential upside)

Support and Resistance Levels:

Key Support Levels: 1.7500 | 1.6900

Key Resistance Levels: 1.8500 | 2.0000

Indicators Analysis:

RSI (14): Near 48 (Neutral, potential to rise)

MACD: Converging, possible bullish crossover.

Moving Averages (MA50 & MA200): Price slightly above MA50, indicating short-term bullishness.

Trade Signal: Long Position (Buy)

Entry Point: 1.8000–1.8200

Stop Loss: 1.7400 (Close below support signals weakness)

Targets:

🎯 Target 1: 1.9000 (Conservative)

🎯 Target 2: 2.0000 (Moderate resistance zone)

🎯 Target 3: 2.1500 (Potential breakout level)

Momentum Analysis:

Bullish Momentum: If price closes above 1.8500 with strong volume, upward rally expected.

Bearish Risk: Breakdown below 1.7500 could signal extended correction to 1.6900.

Recommendation: Monitor breakout above 1.8500 for a confident move toward higher targets. Adjust position sizing based on risk tolerance.

#USUALSpotLaunch #MarketMajorComeback #BTCReclaims101K #MicroStrategyVsNasdaq