$THE /USDT Trade Setup - Long and Short Opportunities with Key Levels
Current Price: $1.7105
24h High: $1.7688 | 24h Low: $1.6380
š Long Trade Setup
Entry Zone: $1.7000 - $1.7200
Targets: $1.7560 / $1.7820 / $1.8120
Stop Loss: Below $1.6800
Analysis: $THE /USDT is bouncing back from its key support level at $1.6380. If bulls sustain momentum above the $1.7200 range, a breakout toward resistance at $1.7560 and further to $1.8120 is likely.
š» Short Trade Setup
Entry Zone: $1.7500 - $1.7680
Targets: $1.7000 / $1.6800 / $1.6380
Stop Loss: Above $1.7820
Analysis: A failure to break above the $1.7688 resistance could trigger selling pressure. Traders can look for bearish signals to target key support zones near $1.7000 and below.
š Key Observations
Support Zone: $1.6380 - $1.6800 holds as a critical area for bulls to maintain momentum.
Resistance Zone: $1.7560 - $1.7688 is a key breakout level for higher targets.
Volume Surge: Watch for increased volume during breakout attempts to confirm trend direction.
ā ļø Risk Management: Use stop-loss strategies to manage volatility and ensure disciplined trading.
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