$THE
/USDT Technical Analysis and Trade Signal🔥💯
Current Price: $1.4061
Trend: Bullish, as it shows a +5.56% increase recently.
Support Level: $1.2150
Resistance Level: $1.4762
24h Range: $1.2150 - $1.4762
Trade Signal
Momentum: Strong upward momentum with increasing volume. The trend shows positive movement over the short term, indicating potential for further bullish action.
Market Bias: Buy, with caution for pullbacks near support.
Target Levels
Target 1: $1.50 (Initial resistance and continuation point)
Target 2: $1.55 (Potential extended resistance, psychological level)
Target 3: $1.60 (Strong resistance zone, profit-taking point)
Trade Momentum:
Volume supports the bullish move with continued demand. Be prepared for pullbacks or consolidation near support levels, particularly if the price approaches $1.40 for retesting. The momentum remains upwards, but take partial profits at resistance levels for better risk management.
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