Based on the 4-hour chart for $THE /USDT from Binance, here’s a professional trading analysis:🔥🔥

1. Current Trend: The price is at $1.9529, showing a -2.06% decrease in the last 4 hours, but it has recovered slightly from a lower level. The 24-hour range is $1.7363 (low) to $2.0494 (high), indicating strong intraday volatility.

2. Support and Resistance: Immediate support is around $1.736 (previous low), while resistance lies at $2.05 (24-hour high).

3. Long Entry: Consider a long position if the price breaks above $2.05 with strong volume. Stop Loss: Set at $1.90 to limit downside risk. Target: First target at $2.25 and the second target at $2.50.

4. Short Entry: Enter a short position if the price falls below $1.90, confirming bearish momentum. Stop Loss: Place at $2.00 to protect against reversal. Target: First target at $1.75 and the second target at $1.60.

5. Indicators: The Heikin Ashi candles suggest a recent shift in momentum, but confirmation is needed with higher highs/lows or further breakdowns.

6. Risk-Reward: Ensure a risk-reward ratio of at least 1:2. Be cautious with entry points near high volatility zones.

Trade carefully and monitor global sentiment and THE token updates to adjust your strategy.

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