🚨 $THE /USDT ON THE EDGE – WILL IT BREAK HIGHER OR DIVE DEEPER? 🚨
THE/USDT is trading at $1.7893, slightly down by 1.34%, showing a lack of direction after bouncing from its 24-hour low of $1.7361. The chart indicates a range-bound movement, with both bulls and bears waiting for a decisive breakout.
Key Levels to Watch:
Resistance Targets:
Target 1: $1.8400
Target 2: $1.9500
Target 3: $2.1000
Support Levels:
Immediate support lies at $1.7360, with critical support at $1.6500. A breakdown below these levels could lead to deeper losses.
What’s Next?
Bullish Scenario: A break above $1.8400 could trigger upward momentum, targeting $1.9500 and potentially $2.1000.
Bearish Scenario: A failure to hold $1.7360 could drag the price toward $1.6500 or even lower, signaling bearish continuation.
Traders should keep an eye on volume and RSI indicators for a clearer signal. With volatility brewing, THE/USDT is poised for its next big move!
