đ¨ $THE /USDT DIPS SHARPLY â EYEING A REBOUND? đ¨
THE/USDT is trading at $1.7985, down -20.90%, after facing rejection from its recent high of $2.8780. The price has found support at $1.5457, and traders are watching closely for signs of recovery or further declines.
Key Levels to Watch:
Immediate Resistance: $1.96 â A breakout above this level could spark a recovery.
Target 1: $2.28 â Near-term recovery target.
Target 2: $2.45 â Mid-term resistance for upward momentum.
Target 3: $2.87 â Previous high and a key bullish target.
On the downside, if the support at $1.54 breaks, the next critical floor is near $1.47, which could signal extended bearish pressure.
đĄ Trade Setup:
Entry: Above $1.96 for bullish momentum.
Stop-Loss: Below $1.54 to protect against further downside.
â ď¸ THE/USDT is in a highly volatile phaseâmonitor closely for decisive moves!