Now watching closely for TP2 and TP3 to hit next š¤š¤
CoinQuest
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$THE Cooling Off After Massive Spike Short Setup in Play š»
$THE /USDT pumped over 80% in a vertical rally but now shows classic signs of fatigue. Price is struggling to stay above $0.60, printing lower highs and stalling momentum. Sellers are stepping in as early bulls lock in profits, hinting at an incoming pullback.
š Short Trade Setup: ⢠Entry Zone: Current Zone ā ⢠šÆ TP1: 0.4500 ⢠ā Stop Loss: 0.6300 ⢠āļø Leverage: 10x ⢠š¼ Risk Margin: 2ā3% of wallet
š Key Insight: The vertical surge has lost steam. If $THE canāt reclaim 0.63 with volume, short-term correction is likely. Bears should watch for further weakness and volume drops below key zones š§ ā ļø
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.Ā See T&Cs.
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