$THE /USDT BEARISH short trade signal 🚦 🛑COOL-OFF AFTER MASSIVE SPIKE – PULLBACK UNDERWAY ⚠️🚨
After a sharp rally from $0.43 to the 24h high of $0.6882, $THE/USDT is now showing signs of exhaustion with consecutive red candles forming on the 15M chart. Price is currently trading at $0.5782, below the recent peak, indicating profit-taking and a likely deeper pullback before any new upside attempt.
Trade Setup (Short):
Entry: $0.5750 – $0.5850
Target (TP): $0.5330 – $0.5000
Stop Loss (SL): Above $0.6100
Market Outlook:
The token is still up strongly on the day (+46%), but the momentum has shifted to the downside as buyers cool off. Unless the price reclaims $0.61 quickly, more correction toward support zones looks likely in the short term.
#THE #CryptoTrading #BearishSetup #ShortSignal #DeFi
buy and trade here on $THE