The $THE is displaying bullish momentum, recovering strongly from a key support level at 1.750000 and currently trading at 1.7724000. The price is approaching a critical resistance at 1.780000, with a potential breakout signaling a move toward the next target at 1.800000.
Sustained buying pressure and increased trading volume are supporting this upward trajectory. However, failure to maintain levels above 1.750000 could trigger a retracement.
Traders are advised to monitor price action closely, confirm breakouts with volume, and set stop-loss orders below 1.750000 to manage risk.
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