Technical Analysis Update: $THE

/USDT 🎯

Current Price: $1.5788 (+15.87%)

Trend: Bullish momentum continues as THE/USDT gains significant traction in the DeFi sector.

Key Levels to Watch:

1️⃣ Target 1: $1.65

This is the immediate resistance level. A breakout above could trigger fresh buying interest.

2️⃣ Target 2: $1.75

If momentum sustains, this level could be tested soon, aligning with strong market interest.

3️⃣ Target 3: $2.00

A psychological level where profit-taking might occur, but breaking it could indicate a long-term trend reversal.

Support Zone: $1.50. A breakdown below this could signal a short-term pullback.

Market Sentiment: Strong buying activity and increasing volume suggest positive market sentiment. Keep an eye on 15m and 1h charts for confirmation of upward trends.

Stay tuned for updates on Binance to capitalize on these targets!