📉 Market Overview: $THE

As bulls strive to regain their gains, this sudden breakout at the resistance level is an early signal. If the price does not recover quickly, expect a drop towards the demand zone at $0.2870. An ideal setup for quick sell trades.

A rejection of $THE has been confirmed, and bears are anticipating a drop 🔻🚦

$THE experienced a sharp rise but hit a wall at $0.3176 and failed to rise further. The multiple upper wicks and fading momentum on the 15-minute chart indicate buyer exhaustion, setting up an effective short-selling opportunity.

🛑 Short Sell Setup:

• Entry Zone: $0.3160 - $0.3176

• Stop Loss: $0.3300

• 🎯 Take Profit: $0.2870

• Risk: 2-3% of total portfolio

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