$THE /USDT Market Update – Rebound in Play! 🚀
Current Price: $1.4552 (-4.19%)
24H High: $1.5463 | 24H Low: $1.4038
After touching a low of $1.4400, $THE/USDT is showing signs of recovery with notable buying momentum. The price has surged back above the $1.45 level, suggesting a potential continuation toward resistance.
Key Levels to Watch:
Immediate Resistance: $1.4677
Next Target: $1.4900
Support Zone: $1.4400
Breakout Target: $1.5463
Trade Signals:
Long Setup:
Entry: Near $1.4550 on confirmation of upward momentum.
Target 1: $1.4677
Target 2: $1.4900
Stop-Loss: $1.4400
Short Setup:
Entry: If rejection occurs near $1.4677.
Target 1: $1.4400
Target 2: $1.4200
Stop-Loss: $1.4750
Analysis:
Volume is increasing, signaling renewed buyer interest. A decisive break above $1.4677 could open the door to further upside gains. Conversely, failure to hold above $1.45 could trigger a pullback.
Recommendation: Watch for price action near resistance and manage risk carefully with stop-loss levels.
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