Trading Analysis $THE E /USDT
Current Price: $1.6434
Resistance Levels:
$1.6652
$1.6800
Support Levels:
$1.6200
$1.6000
Analysis: $THE is showing signs of recovery, trading at $1.6434. A move above $1.6652 could signal further bullish momentum towards $1.6800. However, failure to hold $1.6200 could push the price lower, testing the $1.6000 support level. Monitor volumes for confirmation.
Trade Setup:
Long Entry: $1.6450
Target 1: $1.6652
Target 2: $1.6800
Stop Loss: $1.6200
Short Entry: $1.6200
Target 1: $1.6000
Target 2: $1.5800
Stop Loss: $1.6450
Trade with caution and manage risk efficiently!
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