Technical Analysis for $THE /USDT:

Current Price: $2.93 (+8.05%)

Support Levels:

Primary Support: $2.60 (24h low)

Secondary Support: $2.50 (previous support zone)

Resistance Levels:

Primary Resistance: $3.31 (24h high)

Secondary Resistance: $3.50 (psychological level)

Trend: Bullish momentum with an 8.05% increase in the last 24 hours, signaling strong upward pressure.

RSI (Relative Strength Index): Neutral to slightly overbought (RSI around 65-70), signaling some potential pullbacks but no immediate overbought conditions.

MACD: The MACD line is above the signal line, supporting the bullish trend.

Volume: Healthy volume with 91.05M THE and 267.16M USDT traded in the last 24 hours, showing strong market interest.

Trade Signals:

1. Entry Point (Buy):

Buy Signal: Enter the trade near $2.93 (current price) with a stop loss at $2.60.

2. First Target (T1):

Target 1: Set the first target at $3.10 (a reasonable resistance level before the $3.31 mark).

Expected Move: A short-term move toward the next resistance zone.

3. Second Target (T2):

Target 2: Set the second target at $3.31 (24h high).

Expected Move: Continuation of the bullish trend to the recent high.

4. Third Target (T3):

Target 3: Set the third target at $3.50 (psychological resistance level).

Expected Move: Longer-term target if the bullish momentum sustains.

Momentum Overview:

Trade Momentum: Bullish in the short term, with a solid 8.05% gain in 24 hours and a positive MACD crossover. The price is in an upward momentum phase, and volume supports further movement.

Caution: Watch out for resistance at $3.31, as the price may face some retracement or consolidation before further upward movement.

Stop Loss & Risk Management:

Stop Loss: Set a stop loss at $2.60 to protect against downside risk in case of a sharp pullback.

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