๐ THENA (THE) Surge: +21.32% ๐
$THE is currently trading at $1.53, with an impressive +21.32% increase in the last 24 hours. The sharp rise suggests growing interest in THENA, signaling strong bullish momentum.
Key Levels to Watch
๐ Resistance: $1.60 โ If the price breaks this level, expect further upward movement towards $1.70.
๐ Support: $1.45 โ A potential retracement zone that could provide a buying opportunity if price action holds above it.
Trade Setup
Long Entry: Consider entering around $1.53, targeting $1.60 and $1.70 for the next resistance levels.Short Entry: If price drops below $1.45, look for potential short positions with targets at $1.40 and $1.30.
Risk Management
โ ๏ธ Stop-loss: Place a stop-loss around $1.40 to protect against potential downside risk.
Market Insight
The current breakout above $1.50 indicates that the bullish trend may continue if buying momentum persists. Keep an eye on volume and market sentiment to confirm the strength of the move.
#THE #THENA #CryptoUpdate #CryptoTrading #BullishMomentum #CryptoNews