$THE

The downward movement shows signs of weakness

$THE is currently trading at $0.4481 (-4.25%), sharply down from the high of $0.5400. With the price remaining above the daily low of $0.4430, it is clear that the momentum is bearish and collapses may lead to deeper losses.

Key levels:

Resistance:

$0.4600

$0.4800

$0.5000

Support:

$0.4430 (24-hour low)

$0.4300 (next demand zone)

Current price: $0.4481

Trade setup - Short entry:

Entry: $0.44880

Take Profit (TP):

TP1: $0.44300

TP2: $0.43000

Stop Loss (SL): $0.4600

> Watch for the hourly candle close below $0.4450 with strong volume to confirm the entry.

Risk management advice:

Risk only 1-2% per trade. Use a fixed stop loss, and do not lower the average trade - protect your capital at all times.

The trend is no longer your friend - support is under pressure and the bears are in control!