$THE has dropped sharply from the $0.4011 high, sliding toward the $0.3647 support zone. Sellers are dominating the market with consecutive lower highs and persistent downward momentum. If this critical support is breached, a deeper drop could follow in the short term.
Trade Setup:
Entry (Short): $0.3685 – $0.3720
Take Profit 1: $0.3620
Take Profit 2: $0.3540
Stop Loss: $0.3780
Market Outlook:
Bearish sentiment remains strong, and the current price action favors sellers. A breakdown below $0.3647 could accelerate losses, while a close above $0.3780 would be the first sign of a possible short-term recovery.
#THE #CryptoTrading #BearishTrend #PriceAction #Binance
buy and trade here on $THE