Current price: $2.0150 (+15.98%)
THE/USDT is gaining momentum, with strong buying interest pushing its value up. Here's a closer look at targets and potential movements:
🎯 Target 1: $2.10
Analysis: This level indicates a minor resistance point. A breakthrough could signal the continuation of bullish momentum in the short term. Watch for volume spikes near this level.
🎯 Target 2: $2.20
Analysis: Key resistance zone. Reaching this level will confirm strong upward momentum, possibly supported by a sustained market sentiment and growth in the DeFi sector.
🎯 Target 3: $2.30
Analysis: Psychological barrier. If the price holds above $2.20, this level may attract new buying interest, pushing THE/USDT into a new bullish phase.
Support levels to watch:
$1.90: Immediate support in case of pullbacks.
$1.80: Stronger support zone; a break below this level may signal a trend reversal.
Market information:
Given that THE is trading above key moving averages and maintaining high trading volume, the next few hours may be critical for confirming its trend. Keep an eye on the 1-hour and 4-hour charts for better entry/exit points.
What is your strategy for THE/USDT? 🚀 Share your thoughts!
