šÆ $THE /USDT Technical Analysis š
Current Price: $1.2543 (+3.09%)
Timeframe: 30m Chart
Technical Insights:
THE has recovered sharply from its recent low of $1.0623, forming a strong uptrend and approaching a key resistance level near $1.2927. A potential breakout could lead to higher targets.
Key Targets:
1ļøā£ First Target: $1.3000 (Immediate Resistance)
2ļøā£ Second Target: $1.3500 (Breakout Potential)
3ļøā£ Third Target: $1.4200 (Extended Upside Target)
Strategy:
Secure Partial Profits: Near $1.3000 and $1.3500.
Adjust Stop Loss: Below $1.2000 to limit downside risk.
Long-Term Perspective: A breakout above $1.3500 could lead to $1.4200+ for extended gains.
š Watch for volume confirmation to validate the breakout trend!