Binance Technical Analysis: $THE

/USDT – A Look at Key Price Targets 🎯

The THE/USDT pair is showing significant upward momentum, up by +17.36% in the last 24 hours, currently sitting at $1.5924. Let’s dive into a technical analysis to highlight three key price targets to watch.

1️⃣ Target 1: $1.6500

The first target to monitor is $1.6500. If the current bullish momentum continues, we could see the price testing this resistance level. A breakout above $1.6500 could open the door for further gains.

2️⃣ Target 2: $1.6104

The recent 24-hour high of $1.6104 is a crucial level. This price point could act as immediate resistance if the market pushes upward. A successful break above this level would confirm the continuation of the uptrend.

3️⃣ Target 3: $1.7000

Looking further ahead, $1.7000 represents a key psychological level. If buying pressure continues to drive the price, $1.7000 could be the next major target, marking a strong bullish breakout.

Price Range to Watch:

Support Level: $1.5500

Resistance Level: $1.6500

📊 Trend Analysis:

With the overall upward trend in place, keep an eye on the 1-hour and 4-hour charts for potential pullbacks and confirmation of key support zones. The 24h volume indicates strong market participation, reinforcing the ongoing bullish sentiment.

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