$THE /USDT Trade Setup
Market Insight:
$THE is showing strong momentum with nearly +10% gain on the day. Price is currently trading above the Bollinger Band upper line (0.2573), suggesting a short-term bullish breakout. Volume and volatility are elevated ā signs of increased market participation.
š¹ Entry:
Buy Zone: $0.2550 ā $0.2600
(Ideal on slight retracement to confirm support above breakout level)
šÆ Targets:
Target 1: $0.2700
Target 2: $0.2840
Target 3: $0.2980
(Based on recent resistance zones and Fibonacci extension projections)
ā Stop Loss:
$0.2440 (just below mid-BB and key support)
š Key Levels:
Support: $0.2460 / $0.2350
Resistance: $0.2625 / $0.2700
Bollinger Bands:
Upper: 0.2573
Middle: 0.2464
Lower: 0.2356
š” Pro Tip:
If price breaks and holds above $0.2640 (last visible depth resistance), it could trigger a short squeeze or momentum run. Watch for volume spikes above this level before scaling into position.
#ShariaEarn #BTCBreaksATH #TrendTradingStrategy #BinanceHODLerLA #SECETFApproval
