📉 $THE /USDT Market Update – DeFi Under Pressure!

🔎 Key Trading Insights:

Current Price: $1.2882 (-0.16%)

24H Range: $1.2613 - $1.5974

24H Volume: 26.24M THE ($36.60M USDT)

7-Day Performance: -24.38%

30-Day Performance: -47.39%

📊 Technical Levels:

Resistance: $1.4000, $1.5000, $1.6000

Support Zones: $1.2610, $1.2000

🚨 Action Plan:

Short Setup: If price breaks below $1.2610, target $1.2000 with a stop loss at $1.3000.

Long Setup: Watch for a bounce above $1.4000, targeting $1.5000 and $1.6000 with a stop loss at $1.3500.

💡 Pro Tip: Use volume spikes and SMA 9 trends to confirm entries. High volatility expected—stay cautious with leverage.

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