🚨 THE/USDT AT A CRUCIAL JUNCTURE – BREAKOUT OR BREAKDOWN? 🚨

Currently trading at $1.7893, THE/USDT is down 1.34%, struggling for direction after rebounding from its 24-hour low of $1.7361. The price action suggests a consolidation phase, with both buyers and sellers awaiting a decisive move.

Key Levels to Monitor

Resistance Levels

• $1.8400: Immediate resistance, a break above could signal bullish strength.

• $1.9500: Next significant upside target.

• $2.1000: A major level that could confirm a bullish breakout.

Support Levels

• $1.7360: Initial support level; holding above it is crucial for stability.

• $1.6500: Critical support; a breakdown below may signal further downside potential.

What’s Next?

Bullish Outlook

If THE/USDT breaks above $1.8400, it could gain momentum, targeting $1.9500 and potentially reaching $2.1000 in an extended rally.

Bearish Outlook

Failure to sustain $1.7360 as support could push the price toward $1.6500 or lower, confirming a bearish trend continuation.

Traders’ Takeaway

Monitor volume and RSI indicators for confirmation of direction. With volatility on the horizon, THE/USDT is primed for its next decisive move—whether it’s a breakout or a steep correction.$THE

#THEusdt