$THE /USDT Analysis & Next Move!🔥💯
Current Price: $1.2142 (+4.11%)
Timeframe: 30m Chart
The chart shows strong recovery momentum after a deep correction. A bullish reversal is confirmed as candles form higher highs and higher lows. The price is testing the $1.21 level, suggesting short-term bullish potential.
Key Levels to Watch:
• Long Entry: Above $1.22 (confirmation of breakout)
Target: $1.25 (short-term) and $1.30 (medium-term).
• Short Entry: Below $1.18 (if the support breaks)
Target: $1.14 (next support).
Market Insight:
• Next Move: A breakout above $1.22 could trigger a rally toward $1.25 due to reduced selling pressure.
• Risk Management: Secure profits near $1.25 or trail stop losses above $1.20. If rejected, expect consolidation around $1.18-$1.20.
Trend: Bullish (Short-term) | Neutral (Mid-term)