š $THE /USDT on Watch: Reversal or Continuation? š
THE is trading at $1.3368, up +8.63% after a strong rally that peaked at $1.3494. The price is now consolidating just below the resistance level, suggesting a potential setup for the next move.
A breakout above $1.3494 could trigger a rally toward $1.3700, with $1.4000 as an extended target. Conversely, failure to hold above $1.3300 may lead to a pullback toward the support at $1.3100.
Trade Plan:
Entry: Consider entering near $1.3368.
Targets: First target $1.3494, second target $1.3700.
Stop-Loss: Place a stop at $1.3100 to limit downside risk.
With increased volume and volatility, THE is primed for a decisive move. Stay disciplined, and watch for confirmation to maximize potential gains! š
