$THE /USDT: Bullish Momentum Brewing on the 15-Minute Chart
$THE /USDT is currently trading at $1.4585, showing signs of recovery after bouncing off the key support at $1.4200. The price is consolidating with bullish momentum, eyeing a potential breakout above the immediate resistance at $1.4700. If momentum sustains, traders could aim for nearby targets to lock in profits.
Trade Setup: Consider entering around $1.4600, with tight profit targets:
TP1: $1.4700
TP2: $1.4800
TP3: $1.4900
To manage risk, place a stop-loss at $1.4400 to safeguard against a reversal. Monitor price action closely near the resistance zone to confirm breakout strength. The short distance between targets increases the likelihood of achieving profits in this trade.