📉 THE/USDT: THENA Price Analysis 🚨

THENA ($THE ) is currently trading at $1.36, showing a notable decrease of -12.65% over the past 24 hours. Despite the recent decline, there may be potential for a rebound, especially if it finds support at key levels.

Key Levels to Watch:

Support:$1.30 (strong support, potential reversal area)$1.20 (next major support level)Resistance:$1.45 (short-term resistance)$1.55 (next significant resistance)

Trade Setup:

Long Entry: Consider entering long near $1.30 or above, targeting:$1.45 (short-term resistance)$1.55 (next major resistance level)Target Price: If the market finds support and rebounds, a potential rally to $1.45 or $1.50 could follow.

Risk Management:

Stop-Loss: Set your stop-loss at $1.20 to protect against further downside.

Market Insight: The recent drop could offer a buying opportunity if THENA manages to hold $1.30. A rebound from this level could signal a return to bullish momentum, with targets around $1.45 or higher in the short-term.

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