$THE

/USDT: DeFi Coin Faces Downtrend Momentum Update Alert opportunity ๐Ÿ’ฅ ๐Ÿ’ฏ ๐Ÿ“ˆ

THE/USDT has seen a 7.96% drop over the past 24 hours, suggesting a bearish trend in the DeFi sector. The price is hovering near lower levels, and traders should monitor for potential support.

Trading Overview

Price: $1.26

24h High: $1.39

24h Low: $1.26

24h Volume (THE): 11.82M

24h Volume (USDT): 15.66M

24h Change: -7.96%

Trade Plan

Entry Zone: $1.26 to $1.27 for potential support bounce.

Target Levels:

1. $1.30 as initial resistance.

2. $1.35 as mid-term target.

3. $1.39 as final resistance.

Stop Loss: $1.25 to limit risk in case of further declines.

Market Sentiment

With the current downtrend, THE/USDT is testing support at $1.26-$1.27. If it holds, a rebound to $1.30 or higher is possible. Keep an eye on broader DeFi sector trends for confirmation.

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