$THE /USDT BEARISH MOVE EXPECTED 📉
Key Levels:
- Resistance: $1.40
- Support: $1.20
- Current Price: $1.3554
Trade Setup:
- Entry: Short at $1.35
- Target 1 (TP1): $1.25
- Target 2 (TP2): $1.20
- Stop Loss (SL): $1.40
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: 1-2% of total portfolio
Summary:
We are looking for a short trade on $THE/USDT due to the recent breakdown below the $1.40 resistance level. The price is currently at $1.3554 and is expected to move towards the $1.20 support level. This setup offers a favorable risk/reward ratio with clear targets and a well-defined stop loss. 📉
Happy Trading! 📈🚀
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