🚨 $THE /USDT DIPS SHARPLY – EYEING A REBOUND? 🚨
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 – A breakout above this level could spark a recovery.
Target 1: $2.28 – Near-term recovery target.
Target 2: $2.45 – Mid-term resistance for upward momentum.
Target 3: $2.87 – 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.
💡 Trade Setup:
Entry: Above $1.96 for bullish momentum.
Stop-Loss: Below $1.54 to protect against further downside.
⚠️ THE/USDT is in a highly volatile phase—monitor closely for decisive moves!