$THE
/USDT: DeFi Coin Faces Downtrend Momentum Update Alert opportunity 💥 💯 📈
THE/USDT has seen a 7.96% drop over the past 24 hours, suggesting a bearish trend in the DeFi sector. The price is hovering near lower levels, and traders should monitor for potential support.
Trading Overview
Price: $1.26
24h High: $1.39
24h Low: $1.26
24h Volume (THE): 11.82M
24h Volume (USDT): 15.66M
24h Change: -7.96%
Trade Plan
Entry Zone: $1.26 to $1.27 for potential support bounce.
Target Levels:
1. $1.30 as initial resistance.
2. $1.35 as mid-term target.
3. $1.39 as final resistance.
Stop Loss: $1.25 to limit risk in case of further declines.
Market Sentiment
With the current downtrend, THE/USDT is testing support at $1.26-$1.27. If it holds, a rebound to $1.30 or higher is possible. Keep an eye on broader DeFi sector trends for confirmation.
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