$THE Trading Strategy Update

🔎 Key Insight:

A long liquidation of $14.39K occurred at $1.52543, signaling a strong sell-off and loss of bullish momentum. However, this could present an opportunity if the price finds solid support and shows signs of a reversal.

📈 Next Move - Buy Zone, Target & Stop Loss

1️⃣ Buy Zone:

Look to buy within $1.510 - $1.530. This range is close to key support levels and offers a safer entry point for a potential rebound.

2️⃣ Target Levels:

Target 1: $1.550 (initial resistance)

Target 2: $1.575 (mid-level target)

Target 3 (Stretch Goal): $1.600

3️⃣ Stop Loss:

Set a stop loss at $1.490 to manage risk if the price breaks below support.

💡 Strategy Insights:

Volume Confirmation: Watch for increased buying volume around $1.525 to confirm bullish interest.

Risk Management: Avoid over-leveraging and always use proper position sizing to minimize risk.

Market Sentiment: Keep an eye on market trends, as they could significantly impact $THE ’s price movement.

🚨 Pro Tips for Success:

Wait for Confirmation: Enter only within the buy zone after confirming price stabilization or a sign of reversal.

Take Profits Gradually: Secure partial profits at $1.550 and $1.575 while leaving some position for the stretch goal of $1.600.

Set Alerts: Use price alerts for $1.530 and $1.550 to track movements without constant monitoring.

Patience, discipline, and smart risk management are key to success. Stick to your plan, manage risks, and let the market guide you!

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