$THE
Long Liquidation – $12.505K Erased at $1.69356!
The $12.505K long liquidation on $THE signals a sharp bearish move, catching overleveraged bulls off guard. As the price dipped to $1.69356, the market showed no mercy, with sellers firmly in control.
What’s Happening with $THE?
Momentum Check: The liquidation reflects fading bullish strength and increasing bearish pressure.
Key Price Zones:
Support: Watch $1.6500—a break could lead to a steep slide.
Resistance: Recovery depends on overcoming $1.7500, a key level for bulls.
Trading Volume: Liquidation spikes often signal increased activity. Expect volatility to stay elevated.
Is $THE gearing up for a reversal, or is this just the beginning of a bearish cascade? The clock is ticking—stay ahead of the curve!