$THE /USDT Trading Signal - Momentum Building After Breakout
Current Price: $1.4837 (+10.15%)
24H High: $1.5125
24H Low: $1.3326
THE has witnessed a sharp upward move, breaking resistance levels and stabilizing near $1.48. The consolidation phase may pave the way for another rally if volume increases.
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Key Levels to Watch:
Support Zone: $1.4700 - $1.4800
Resistance Zone: $1.5000 - $1.5100
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Trading Signal for Long Positions:
Entry Range: $1.4800 - $1.4900
Target 1: $1.5100
Target 2: $1.5400
Stop Loss: $1.4600
Recommendation: Monitor the price action closely for signs of a breakout above $1.5000. Use tight stop-loss orders to manage risk effectively.