$THE /USDT Technical Analysis

$THE /USDT has surged to $1.5972, up 17.77%, breaking past resistance at $1.5168 and hitting a high of $1.6022. The strong volume of 26.09M suggests continued bullish momentum. Traders should watch for a sustained breakout above $1.6022, which could target $1.65 and $1.72.

Trade Setup:

Long Entry: Above $1.6022

Targets: $1.65 and $1.72

Stop Loss: $1.51

Short Entry: Below $1.51

Targets: $1.45 and $1.40

Manage trades carefully as volatility remains high.