$THE
/USDT Analysis & Next Move!🔥💯
Current Price: $1.2142 (+4.11%)
Timeframe: 30-minute chart
The chart shows a strong recovery momentum after a deep correction. The bullish reversal is confirmed as the candles form higher highs and higher lows. The price is testing the $1.21 level, indicating a bullish potential in the short term.
Key levels to watch:
• Long Entry: Above $1.22 (breakout confirmation)
Target: $1.25 (short-term) and $1.30 (medium-term).
• Short Entry: Below $1.18 (if support is broken)
Target: $1.14 (next support).
Market View:
• Next Move: A break above $1.22 could lead to a rally towards $1.25 due to reduced selling pressure.
• Risk Management: Lock in profits near $1.25 or follow stop losses above $1.20. If rejected, expect consolidation around $1.18-$1.20.
Trend: Bullish (Short-Term) | Neutral (Medium-Term)