$THE Long Liquidation Alert
An eye-catching $5,193.5 in long positions just got obliterated as #THE plunged to $1.44096, leaving bulls in turmoil and fueling bearish momentum!
Key Levels to Monitor:
Immediate Resistance: $1.4800 – Bulls must reclaim this level to halt further downside pressure.
Critical Support: $1.4000 – A break below this could accelerate the sell-off, targeting $1.3500 next.
What’s Next?
The liquidation highlights growing bearish dominance.
If $THE fails to recover above $1.4500, sellers might push it toward $1.4000 or even deeper into uncharted bearish territory.
However, a strong bounce above $1.4800 could trigger a relief rally toward $1.5000, giving bulls a fighting chance.
Stay sharp – the market is on edge, and volatility is brewing!
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