$THE Cooling Off After Massive Spike Short Setup in Play 🔻
$THE /USDT pumped over 80% in a vertical rally but now shows classic signs of fatigue. Price is struggling to stay above $0.60, printing lower highs and stalling momentum. Sellers are stepping in as early bulls lock in profits, hinting at an incoming pullback.
📉 Short Trade Setup:
• Entry Zone: Current Zone ✅
• 🎯 TP1: 0.4500
• ❌ Stop Loss: 0.6300
• ⚙️ Leverage: 10x
• 💼 Risk Margin: 2–3% of wallet
📌 Key Insight: The vertical surge has lost steam. If $THE can’t reclaim 0.63 with volume, short-term correction is likely. Bears should watch for further weakness and volume drops below key zones 🧠⚠️