$THE Long Liquidation: $1.6682K at $1.71588
At $1.71588, $1.6682K in long positions were liquidated, signaling a surge in bearish momentum as bulls lose ground.
Key Insights:
Bearish Pressure: Sellers have gained control, pushing the price lower and triggering liquidations.
Volatility Alert: Such events often lead to increased price swings, requiring caution in trading.
What’s Next for #THE
Downside Risk: If bearish momentum persists, the price could drop to $1.70-$1.68.
Recovery Potential: A bounce above $1.73 could signal a reversal, with targets near $1.75-$1.78.
Stay alert to the shifting market dynamics—opportunities exist for those prepared to adapt!
