$THE

/USDT Technical Overview

Price Summary

Current Price: $3.0355 (-4.12%)

24h High: $3.4455

24h Low: $2.8800

24h Volume (THE): 110.09M

24h Volume (USDT): $342.77M

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Key Technical Indicators

7-MA: $2.9933

25-MA: $3.1326

99-MA: Data not available

Resistance Levels:

Immediate: $3.20 (near 25-MA)

Strong: $3.44 (24h high)

Support Levels:

Immediate: $2.99 (7-MA level)

Strong: $2.88 (24h low)

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Volume Insights

Current Volume: 5.85M THE

Moving Averages:

5-MA: 4.59M THE

10-MA: 4.53M THE

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Key Takeaways

1. Bearish Momentum: The current price is below the 25-MA, signaling short-term bearish pressure.

2. Critical Support at $2.88: If breached, further downside towards $2.75 is possible.

3. Potential Reversal Near $3.20: A breakout above this level could reattempt the $3.44 resistance.

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Recommendation

For Long Entry: Wait for confirmation above $3.20 with increased volume.

Stop Loss: Below $2.88 to manage downside risk.

Targets:

Short-term: $3.44

Medium-term: $3.60

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Stay updated and monitor for news or significant market developments that could influence $THE /USDT trends.

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