$THE /USDT Rejected at Resistance – Bears Take the Wheel 🔻
After a sharp rally, $THE /USDT slammed into resistance at $0.3176 and couldn’t push through. The 15-min chart shows multiple upper wicks and fading momentum — classic signs of buyer fatigue. A solid short opportunity is shaping up.
🛑 SHORT TRADE SETUP:
• Entry Zone: $0.3160 – $0.3176
• Stop Loss: $0.3300
• Target: $0.2870
• Leverage: 10x
• Risk: 2–3% of wallet
📉 Market View:
Bulls failed to sustain momentum, and this rejection at resistance looks like a fakeout. If the price doesn’t recover soon, a slide toward the $0.2870 support zone is likely. Great setup for quick and strategic shorts.
