Technical Analysis Update: $THE
/USDT ๐ฏ
Current Price: $1.5788 (+15.87%)
Trend: Bullish momentum continues as THE/USDT gains significant traction in the DeFi sector.
Key Levels to Watch:
1๏ธโฃ Target 1: $1.65
This is the immediate resistance level. A breakout above could trigger fresh buying interest.
2๏ธโฃ Target 2: $1.75
If momentum sustains, this level could be tested soon, aligning with strong market interest.
3๏ธโฃ Target 3: $2.00
A psychological level where profit-taking might occur, but breaking it could indicate a long-term trend reversal.
Support Zone: $1.50. A breakdown below this could signal a short-term pullback.
Market Sentiment: Strong buying activity and increasing volume suggest positive market sentiment. Keep an eye on 15m and 1h charts for confirmation of upward trends.
Stay tuned for updates on Binance to capitalize on these targets!