🚀 $THE

/USDT Technical Analysis: Eyes on the Targets!

Current Price: $3.70 (+2103.51%)

THE/USDT is showing strong bullish momentum with impressive 24-hour performance. Here’s a detailed breakdown with three key targets:

1️⃣ Target 1: $3.86

Analysis: The 24-hour high and an important resistance level. Breaking this could trigger further bullish moves.

Strategy: Watch for strong volume and sustained price above $3.85 for confirmation.

2️⃣ Target 2: $4.00

Analysis: A psychological level that often attracts traders. If breached, it may signal a continuation of the rally.

Strategy: Consider scaling in positions with tight stop-losses below $3.80.

3️⃣ Target 3: $4.20

Analysis: This is a key extension level based on Fibonacci retracements. Achieving this would mark a significant trend breakout.

Strategy: Monitor RSI and MACD for overbought signals before committing.

💡 Support Zones:

$3.50: Immediate support to watch for potential pullbacks.

$3.00: A critical safety net if bearish pressure increases.

Stay tuned for more updates and adjust your strategy as per market movements. Trade wisely on Binance!

What do you think? Shall I add any specific indicators or details?