šØ $THE /USDT - Strong Uptrend with Volatility
THE/USDT has surged over 21% in the last 24 hours, reaching a high of $1.6150. The price is now consolidating near $1.5082, showing potential for further upside if momentum continues.
Key Levels:
Immediate Support: $1.4700
Resistance 1: $1.6150
Target 1: $1.6500
Target 2: $1.7500
Stop Loss: $1.4400 (below recent support)
Actionable Insight: The price is in a strong uptrend but facing resistance near $1.6150. A breakout above this level could pave the way toward higher targets. Consider entries around $1.5000-$1.5100 with tight risk management. Take partial profits at $1.6500 and monitor for a continuation toward $1.7500. Adjust stop loss to breakeven as the trade progresses.
Stay cautious of pullbacks as volatility remains high. Proper position sizing is essential.
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