Bearish Signal for The (THE/USDT): Potential Short-Term Decline Ahead

Price $THE : $1.57, down -8.76% in the last 24 hours.

Market Behavior: Despite the price dip, it remains in a healthy range but is experiencing short-term resistance.

Key Insights:

Support Level: $1.50 – A possible bounce could occur here.

Resistance Level: $1.70 – Watch for breakout above this level for recovery.

Risk Management: Stop-loss around $1.50 to manage downside risks.