🚨 $THE Long Liquidation Alert: Big Moves Coming! 🚨

$6.4303K Long Liquidation just hit at $1.72668 for $THE ! This suggests heavy bullish positions were wiped out, which could signal either a rebound or further downside. Are you ready to take advantage of this volatility?

What Does It Mean?

Long liquidations happen when buyers with high leverage get forced out. This often creates short-term selling pressure but can also offer prime opportunities for smart traders to position themselves!

Key Levels to Watch:

Buy Zone:

$1.6800 - $1.7300

(Look for support or consolidation in this range before entering.)

Target Zones:

First Target (T1): $1.8000

Second Target (T2): $1.8800

Stretch Target: $2.0000 (if strong momentum kicks in)

Stop Loss:

$1.6500

(Cut losses quickly if this level is breached.)

What’s Next for $THE?

1. If the price holds above $1.6800, we could see a recovery rally toward $1.8000.

2. Breaking $1.8000 with strong volume may push $THE higher toward $1.8800 or even $2.0000.

3. However, failure to hold $1.6800 could trigger more downside, so risk management is critical.

Action Plan:

1. Entry: Look for buying opportunities in the $1.6800 - $1.7300 range.

2. Exit Strategy: Take profits in stages at targets ($1.8000, $1.8800, $2.0000).

3. Risk Management: Use a strict stop loss at $1.6500 to protect your capital.

Long liquidations often shake out weak hands, paving the way for strong rebounds. Watch for volume spikes and momentum shifts to confirm your trades.

📊 Stay sharp and keep tracking $THE’s price action closely. Want live updates or more trading strategies? Let me know!

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