Imran Rai
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🚨 CRITICAL WARNING: $THE PLUNGING – READY FOR A REVERSAL OR MORE PAIN? 🚨
$THE is trading at $2.99, down 13.71%, with high volatility in the last 24 hours. After hitting a low of $2.88, it’s struggling to regain momentum. Will it bounce back or slide further? Let’s break it down:
💡 Key Levels to Watch:
📈 Target 1 (Resistance): $3.05 – A break above this level could indicate a recovery with potential upside. Watch for bullish momentum.
📈 Target 2 (Strong Resistance): $3.27 – If the price reaches here, expect significant profit-taking or increased buying interest for a higher surge.
📉 Target 3 (Support): $2.88 – Losing this support might lead to a deeper drop toward $2.75, signaling bearish control.
⚠️ Market Direction:
Bullish Outlook: A clean break above $3.05 could ignite a rally toward $3.27, supported by rising buy pressure.
Bearish Threat: If $THE fails to hold $2.88, brace for a slide toward $2.75 or lower.
Stay cautious and manage your risk – this chart is heating up!
#Crypto #TechnicalAnalysis #THE
$THE is trading at $2.99, down 13.71%, with high volatility in the last 24 hours. After hitting a low of $2.88, it’s struggling to regain momentum. Will it bounce back or slide further? Let’s break it down:
💡 Key Levels to Watch:
📈 Target 1 (Resistance): $3.05 – A break above this level could indicate a recovery with potential upside. Watch for bullish momentum.
📈 Target 2 (Strong Resistance): $3.27 – If the price reaches here, expect significant profit-taking or increased buying interest for a higher surge.
📉 Target 3 (Support): $2.88 – Losing this support might lead to a deeper drop toward $2.75, signaling bearish control.
⚠️ Market Direction:
Bullish Outlook: A clean break above $3.05 could ignite a rally toward $3.27, supported by rising buy pressure.
Bearish Threat: If $THE fails to hold $2.88, brace for a slide toward $2.75 or lower.
Stay cautious and manage your risk – this chart is heating up!
#Crypto #TechnicalAnalysis #THE
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