$THE /USDT Trading Signal – Preparing for a New High in the Next 30 Minutes
Market Context: THE is exhibiting strong bullish momentum after a sharp rally, consolidating just below recent highs. This setup suggests a potential breakout into higher price zones.
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Entry Zone (For Long): $1.750 – $1.770
Targets:
Target 1: $1.800
Target 2: $1.850
Target 3: $1.900
Stop Loss: $1.720
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Observation:
Monitor for a breakout above $1.770 with increased volume to confirm upward momentum.
The consolidation phase below $1.800 indicates strength and the potential for another leg upward.
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Risk Management:
Allocate no more than 2% of your portfolio to this trade.
Move the stop loss to breakeven once Target 1 is reached to secure profits.
Note: If THE fails to break $1.770 and shows a significant rejection, the bullish momentum may weaken temporarily. Be ready to adjust your strategy accordingly.
