$THE – Support Test Again or Preparing for a Rise? 🔥
📊 Current Price: $0.2629 (+3.54%)
After reaching a 24-hour high of $0.2733, the currency has retraced and is now holding above the 99 moving average ($0.2569).
This area may act as a launch pad for the next move.
📈 Trade Setup – Support Recovery Strategy
Entry: $0.2625
TP1: $0.2685
TP2: $0.2735
TP3: $0.2800
SL: $0.2550
💡 Technical Outlook:
The currency price is trapped between the 7 EMA and 25 MA with mixed momentum. Watch for a bullish crossover or rejection at the 25 moving average. If the bulls step in, we may see a quick retest of the recent highs.
⚠️ Stay Alert - A critical candle above $0.2645 is your signal.
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