$THE /USDT: Eyes on the Breakout – Key Levels to Watch
Current Price: $1.2956 (-4.09%)
24H High/Low: $1.3538 / $1.2150
24H Volume: 11.83M $THE
Price Targets:
1. Immediate Resistance: $1.3100
2. Mid-Term Target: $1.3400
3. Potential Breakout Target: $1.3800
Analysis:
$THE /USDT has shown a strong recovery from the 24-hour low of $1.2150, signaling increased buying activity.
Breaking above the $1.3100 resistance could confirm bullish momentum, paving the way for the $1.3400 mark.
A sustained rally may target $1.3800, the next significant resistance zone, offering substantial upside potential.
Strategy:
Entry Point: Accumulate around $1.2900 with a stop-loss below $1.2600.
Short-Term Traders: Book partial profits at $1.3100 and $1.3400.
Long-Term Investors: Hold positions for a potential breakout above $1.3800 for extended gains.
Monitor the trading volume and overall market conditions for confirmation of the uptrend.
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