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$THE /USDT Technical Analysis
$THE /USDT has experienced a sharp rally, currently trading at $1.8137 with a 32.35% gain over the last 24 hours. The price hit a high of $1.8200 after breaking past significant resistance levels. This breakout is supported by a strong trading volume of 49.45M, indicating solid bullish momentum.
Trade Setup:
Long Entry: Above $1.8200
Targets: $1.8800 and $1.9500
Stop Loss: $1.7500
Short Entry: Below $1.7500
Targets: $1.6900 and $1.6300
With bullish momentum intact, a breakout above $1.8200 could push the price toward higher targets. However, failure to sustain this level may lead to a correction toward the support zones. Watch for volume confirmation to act decisively.
