🚀 THE/USDT Technical Analysis – Smart Money Concept (SMC) Signal 🚀
🔸 Current Price: $0.7289 (+6.92%)
🔸 24H Range: $0.6601 - $0.7562
🔸 Volume: 29.86M THE
📊 Technical Outlook:
The price has rebounded strongly from the $0.3634 support, forming a higher low structure, signaling a possible trend reversal. The bullish momentum is reinforced by the following key indicators:
✅ Stochastic RSI: 95.35 (Overbought, but strong bullish momentum)
✅ MACD: Bullish crossover with increasing histogram bars
✅ RSI(6): 69.97 (Near overbought, but still room for upside)
✅ Key Resistance: $0.9190 (Potential target)
📈 SMC Signal – Bullish Outlook
The price action suggests a smart money accumulation phase, with a strong break of structure (BOS) on the daily timeframe. If price sustains above $0.7200, a further rally toward $0.85 - $0.92 is highly probable.
🛑 Invalidation: A close below $0.66 will invalidate the bullish setup.
🔥 Trading Strategy:
📌 Long Entry: $0.72 - $0.73
🎯 Take Profit: $0.85 - $0.92
❌ Stop Loss: Below $0.66
💰 Market Sentiment: Bullish – Smart Money is entering!
📢 Do you agree with this analysis? Drop your thoughts below!
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