$THE /USDT
Bearish Signal
THE/USDT has been experiencing a downward trend on the chart. The price has broken below a key support level at 1.5607, indicating potential further downside.
Current Price: 1.5607
Entry Price: 1.5607 (for a short position)
Resistance Levels: 1.5607, 1.5700, 1.5800
Support Levels: 1.5500, 1.5400, 1.5300
Take Profit Targets:
* TP1: 1.5500
* TP2: 1.5400
* TP3: 1.5300
Stop Loss: 1.5700
Caution:
Traders should monitor the market closely for any signs of stability or potential bullish reversal. A break above the 1.5607 resistance level could invalidate this bearish signal.
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