$THE /USDT ALERT: Watch for Support and Reversal
$THE has been consolidating within a range, and recent price action suggests a potential reversal from current levels. With key support near $1.6356, there is an opportunity for a bounce back toward the resistance levels. A breakout above $1.7625 could lead to further upside.
Spot Signal:
Buy Zone: $1.6500 - $1.7000
Targets:
$1.7500
$1.8000
Stop Loss: $1.6350
Futures Signal:
Bullish Setup:
Entry: $1.6500 - $1.7000
Leverage: 5x-10x
Targets:
$1.7500
$1.8000
$1.8500
Stop Loss: $1.6350
Bearish Setup:
Entry: $1.7000 - $1.7100 (if rejection occurs)
Targets:
$1.6500
$1.6350
Stop Loss: $1.7500
Key Levels:
Resistance: $1.7625, $1.8000 โ A breakout above these levels could signal a bullish continuation.
Support: $1.6356, $1.6000 โ A breakdown below these levels could indicate further downside.
Market Insights:
With a solid support level in place, $THE might be gearing up for a reversal toward the upside. Monitor these levels closely for breakout opportunities and manage your risk with tight stop losses.
Follow my predictions, and youโre looking at a 93% profit if you act strategically!
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