INSIGHTER Yi Xi
--
Bearish
🚀 $THE /USDT Technical Analysis & Price Prediction 🎯
{spot}(THEUSDT)
The THE/USDT pair has shown some interesting movements in the past 24 hours. Let’s break down the key levels and targets you should keep an eye on!
🔍 Current Price: 1.7366
📊 24h Range: $1.73 - $2.32 (Down by 2%)
📈 24h High: 1.8407 | 24h Low: 1.7131
💹 Volume (THE): 13.97M | Volume (USDT): 24.89M
📊 Technical Levels to Watch:
1️⃣ Target 1: $1.80
We may see some upward momentum if the price breaks through the $1.80 resistance. This level has historically been a strong barrier, but a solid breakout here could signal a move towards higher levels.
2️⃣ Target 2: $1.90
The $1.90 area is a key level to watch for further bullish continuation. If we see a confirmed support hold above $1.85, a move towards $1.90 is highly probable.
3️⃣ Target 3: $2.00
A move towards $2.00 could be on the horizon if bullish momentum continues. Watch for higher volume and consistent price action above $1.90 for a potential push to $2.
🧠 Key Takeaways:
Support Level: 1.7131 (24h low) – Watch for potential bounce off this level.
Resistance Level: 1.8407 (24h high) – This will be the key level to break for further gains.
Trend: Currently neutral, with potential for bullish continuation if key resistance levels are broken.
🔔 Keep an Eye on Volume:
The 24h volume data is showing healthy market participation, which suggests that we could see more movement in the coming hours. Watch for volume spikes as confirmation of a trend shift!
#MicroStrategyJoinsNasdaq100 #BinanceLaunchpoolVANA #CryptoUsersHit18M #BinanceListsVelodrome
{spot}(THEUSDT)
The THE/USDT pair has shown some interesting movements in the past 24 hours. Let’s break down the key levels and targets you should keep an eye on!
🔍 Current Price: 1.7366
📊 24h Range: $1.73 - $2.32 (Down by 2%)
📈 24h High: 1.8407 | 24h Low: 1.7131
💹 Volume (THE): 13.97M | Volume (USDT): 24.89M
📊 Technical Levels to Watch:
1️⃣ Target 1: $1.80
We may see some upward momentum if the price breaks through the $1.80 resistance. This level has historically been a strong barrier, but a solid breakout here could signal a move towards higher levels.
2️⃣ Target 2: $1.90
The $1.90 area is a key level to watch for further bullish continuation. If we see a confirmed support hold above $1.85, a move towards $1.90 is highly probable.
3️⃣ Target 3: $2.00
A move towards $2.00 could be on the horizon if bullish momentum continues. Watch for higher volume and consistent price action above $1.90 for a potential push to $2.
🧠 Key Takeaways:
Support Level: 1.7131 (24h low) – Watch for potential bounce off this level.
Resistance Level: 1.8407 (24h high) – This will be the key level to break for further gains.
Trend: Currently neutral, with potential for bullish continuation if key resistance levels are broken.
🔔 Keep an Eye on Volume:
The 24h volume data is showing healthy market participation, which suggests that we could see more movement in the coming hours. Watch for volume spikes as confirmation of a trend shift!
#MicroStrategyJoinsNasdaq100 #BinanceLaunchpoolVANA #CryptoUsersHit18M #BinanceListsVelodrome
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.