$THE / USDT Technical Analysis: Key Levels and Insights!💡
Current Price: $1.2245 (-8.58%)
🔎 Performance Overview:
4-Hour Chart Trend:
The token is experiencing a strong downtrend, with prices falling sharply. Sellers are dominating, pushing the price close to key support levels.
📉 Technical Analysis:
Key Levels:
Immediate Support: $1.1501Resistance Levels: Around $1.3000 and $1.3400
Price Action:
Consistent red candles highlight bearish control over the market.Buyers attempted recovery at lower levels, as seen by slight green candles, but the overall momentum remains negative.
Volume Insights:
24h Volume (THE): 19.00M24h Volume (USDT): 24.02M
🌐 Market Sentiment:
Over the last 7 days, THE has dropped 28.05%, indicating heavy selling pressure.A 30-day decline of 49.95% reinforces the bearish outlook.No long-term performance data (90 days or beyond) is available yet, as the token may still be in its initial trading phases.
💬 Discussion Points:
Will THE find solid support near $1.15, or will the bearish momentum continue to drag it further down?Share your short-term and long-term strategies for THE/USDT.
Let us know your thoughts! 💡
