$THE

/USDT Bull Run Outlook Trade Setup 📈 📊 🔥 💯

Price: $1.4110 (-0.39%)

24h Change: +13.44%

24h High: $1.4395

24h Low: $1.2308

24h Volume (THE): 22.16M

24h Volume (USDT): $29.36M

Market Segment: DeFi

Technical Analysis (30m Timeframe)

Resistance Levels:

Immediate Resistance: $1.4395 (24h high)

Next Resistance: $1.4500

Support Levels:

Immediate Support: $1.3900

Next Support: $1.3500

Indicators:

Moving Averages: Price is above the 20 EMA, indicating a bullish trend in the short term.

MACD: Bullish crossover, suggesting increasing upward momentum.

RSI: 62 (neutral, indicating potential for continued upward movement but approaching overbought territory).

Bollinger Bands: Price is near the upper band, indicating strong bullish momentum with potential for a short-term pullback.

Trade Signal

Momentum: Bullish

Entry Point: $1.3900 - $1.4100

Target Levels 🎯:

1. Target 1: $1.4400

2. Target 2: $1.4500

3. Target 3: $1.5000

Stop Loss: $1.3500

Trade Strategy:

Short-Term: Exit at Target 1 if the price tests resistance at $1.4400.

Mid-Term: Hold for Target 2 or 3 if the bullish momentum continues.

Risk Management: Use stop-loss at $1.3500 to protect capital in case of downside movement.

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