🚨 $THE /USDT ALERT: Consolidation at $2.9179 – Big Move Expected! 🚨
$THE is down by 6.25%, trading at $2.9179 after hitting a 24-hour high of $3.2995. The price shows signs of consolidation, hinting at potential volatility ahead.
Key Levels to Watch:
Resistance: $3.0500, $3.3000, $3.5000 – A breakout above these levels could trigger bullish momentum.
Support: $2.8400, $2.7000, $2.5000 – A drop below these levels may lead to further retracement.
Trade Setup:
Long Entry: Above $3.0500, targeting $3.3000, $3.5000, and $3.7500. Stop loss at $2.9000.
Short Entry: Below $2.8400, aiming for $2.7000, $2.5000, and $2.3000. Stop loss at $3.0500.
Monitor closely as THE/USDT approaches a decisive breakout point!