🚨 THE/USDT ALERT: BIG MOVE INCOMING – PREPARE NOW! 🚨
THE is trading at $2.9482, down by 23.03%, following a significant decline from a 24-hour high of $3.92. The market is testing key levels, and the next move could define the short-term trend.
💡 Key Levels to Watch:
Resistance: $3.20 – A breakout above this level could indicate recovery, targeting $3.50, $3.70, and a potential retest of the high at $3.92.
Support: $2.89 – If THE fails to hold this level, the price could dip toward $2.70 and $2.55, signaling further bearish momentum.
⚠️ What Traders Should Do:
For Long Positions:
Enter on a confirmed breakout above $3.20, targeting $3.50, $3.70, and $3.92.
Use a stop loss below $2.90 to minimize risk.
For Short Positions:
Enter if THE breaks below $2.89, targeting $2.70 and $2.55.
Place a stop loss above $3.10 to protect against a reversal.
📉 Market Sentiment:
With heightened volatility, THE is at a pivotal point. Watch volume and price action near critical levels to confirm the next trend. Stay cautious and manage your risk effectively!
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