$THE Long Liquidation: $5.60K at $1.51499
A significant long liquidation just occurred for $THE totaling $5.60K at $1.51499, signaling potential shifts in market dynamics.
Entry Point:
$1.5000
We’re entering the market, anticipating continued downward movement following the liquidation.
Stop Loss:
$1.5300
A conservative stop to limit risk in case of a sudden upward reversal.
Target:
$1.4000
Targeting a key support level, where we expect potential stabilization and price action.
With $THE ong liquidation at $5.60K, market volatility is likely to increase.
Keep a close watch on the market for further developments.