š» $THE
USDT BEARISH ā SELL PRESSURE CONTINUES WITH NO SIGN OF STRONG REVERSAL
$THEUSDT is trading at 0.2360, down 9.13% in the last 24 hours. The 1H chart shows a clear downtrend with strong bearish candles and minor weak pullbacks, indicating sellers remain in control.
š Key Levels:
Resistance: 0.2450 / 0.2500
Support: 0.2323 (24h low) and 0.2300 (psychological support)
Current Price: 0.2360
š” Trade Setup (Short):
Entry: 0.2365 ā 0.2380
Take Profit (TP): 0.2330 / 0.2305
Stop Loss (SL): 0.2420
š Market Outlook: THE is forming lower highs and lower lows, showing aggressive seller dominance. Only a break above 0.2500 will signal a potential trend shift, otherwise continuation to 0.2300 is likely.
ā ļø Risk Management: Trade with discipline. Risk only 1-2% of your capital per trade and always place stop losses to avoid emotional exits during sudden wicks.
buy and trade here on $THE
š¬ Comment š» if you are shorting THEUSDT today!