$THE is Giving Another opportunity to make Money 💰 Buy it now Because candles are showing Bullish pump here
$THE is trading at $1.7005, up 12.74% in the last 24 hours. The price is consolidating after a strong rally, with immediate resistance at $1.7500 and support at $1.6500. The consolidation phase suggests that traders are awaiting the next major move.
Key Levels:
Resistance: $1.7500
Support: $1.6500
Potential Scenarios:
A breakout above $1.7500 could lead to a test of the $1.8000 level.
A breakdown below $1.6500 might push the price towards $1.6000.
Trading Strategy:
Long Entry: Above $1.7500 with targets at $1.8000 and $1.8500.
Short Entry: Below $1.6500 with a target of $1.6000.
Stop Loss: Tighten below support or resistance based on entry.
Monitor closely as the consolidation suggests an imminent breakout or breakdown.