$THE Massive Short Liquidation – Bullish Momentum Ahead?

A $5.08K short liquidation just hit at $1.41, signaling potential strength for $THE as sellers get wiped out.

With liquidations acting as fuel for price movements, we could see further upside if bulls capitalize on this momentum.

🔹 Key Levels to Watch:

• Support: $1.20 – A strong base where buyers may step in.

• Resistance: $1.60 – Breaking above could trigger further rally.

Trade Setup:

• Buy Zone: $1.380 - $1.430 (Pullbacks could offer a solid entry)

• Sell Targets: $1.6000 / $1.750 (Lock in profits as resistance nears)

Next Move?

If price holds above $1.400, a push toward $1.600+ looks likely.

However, failure to sustain could lead to a retest of $1.350 before the next breakout attempt. Watch for volume confirmation!

Stay sharp! A breakout above resistance could bring a strong surge.

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