šØ $THE /USD: Breaking Higher ā Momentum Gaining Strength! šØ
THE is currently trading at $1.3818, up by +8.22% in the last 24 hours. With a high of $1.4395 and a low of $1.2510 in the same period, THE is showing strong bullish momentum, approaching critical levels for a potential breakout.
Key Levels to Watch:
Support Zone: $1.2500 ā Holding above this level is crucial for continued upward movement.
Resistance Levels: $1.4395, $1.5463, $1.5705.
Trade Setup:
Targets:
1. $1.4395 (immediate breakout level).
2. $1.5463 (next resistance zone).
3. $1.5705 (bullish extension target).
Stop-loss: $1.3300 to manage downside risk.
With growing volume and sustained upward momentum, THE could see further upside if it clears resistance. Watch closely for confirmation of a breakout or signs of retracement at key levels.
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