๐ $THE THE/USDT Surges 18.61%: Bulls Take Charge! ๐
๐ฐ Current Price: $1.5388 (+18.61%)
๐ 24H High: $1.5700
๐ 24H Low: $1.2150
THE/USDT is showing impressive strength, surging by over 18% in the past 24 hours. Breaking through key resistance levels, the pair has hit a daily high of $1.5700, signaling strong bullish momentum.
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๐ Key Technical Levels to Watch
Resistance:
Immediate: $1.5700 (current high)
Next Target: $1.6000
Support:
$1.5000 โ A critical level to maintain for continued bullish momentum.
$1.4500 โ Strong secondary support to watch in case of a pullback.
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๐ Trading Strategies
Bullish Play:
Look for a breakout above $1.5700, targeting $1.6000+.
Place stop-loss orders below $1.5000 to manage risk.
Bearish Play:
A rejection at $1.5700 could lead to a retracement toward $1.4500.
Short positions could be considered below $1.5000, with stops above $1.5500.
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โก Market Outlook
With strong volume and bullish momentum, THE/USDT is poised for further upside if it breaks above its resistance levels. However, watch for potential pullbacks as traders book profits.
๐ข Will THE/USDT break $1.6000, or is a correction on the horizon? Share your trading insights!
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