Technical Analysis: $THE
/USDT - Key Targets and Price Action 🎯
As THE/USDT continues to show strong momentum, we are observing critical price levels to watch for potential breakout or correction. Let's dive into the technical chart and identify 3 key targets to watch:
1. Target 1: $3.10 📈
The price has been pushing towards this level, and a successful break above $3.10 could signal further bullish momentum. Watch for confirmation through increased volume.
2. Target 2: $3.25 🚀
A key resistance zone around $3.25 has proven to be a barrier in the past. If price clears this level, it could lead to an explosive move upwards, targeting higher levels.
3. Target 3: $3.50 🎯
Our final target sits around the $3.50 range. If the bullish trend continues, this could act as a significant resistance point. Traders should look for volume surges and price action around this zone for confirmation.
Key Support Levels:
$2.85 and $2.60 are crucial support levels to monitor if the price pulls back.
As always, it's important to stay updated with price movements and manage risk accordingly. Happy trading!