THE/USDT Technical Analysis: Trading signal and Targets 📊

Current Price: $1.1559 (-12.26%)

$THE

Key Trading Levels

Buy Targets:

1. $1.14

2. $1.10

3. $1.05

Sell Targets:

1. $1.20

2. $1.25

3. $1.30

Stop Loss: $1.10

Take Profit: $1.30

Support & Resistance Zones

Resistance Levels: $1.20, $1.25, $1.30

Support Levels: $1.14, $1.10, $1.05

Technical Indicators

24h High: $1.3427

24h Low: $1.1333

Volume: 24h Vol (THE): 27.59M | 24h Vol (USDT): $33.77M

Market Sentiment

Volume Analysis: Increased trading volume indicates volatility and price movement potential.

Price Action: The price has dropped significantly but is showing signs of potential stabilization.

Depth Info

Order Book Depth: Buying interest near $1.14; selling pressure around $1.20 and $1.25.

Trade Setup & Strategy

Bullish Scenario: A break above $1.20 could push the price toward $1.25 and $1.30.

Bearish Scenario: If the price falls below $1.14, expect potential declines toward $1.10 or lower.

🔹 Manage risk wisely and apply stop loss protection.

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