📉 $THE/USDT – Testing Crucial Support at $0.3000 🔥
$THE/USDT is under strong selling pressure, currently trading at $0.2976 after a sharp ⬇️ 12.45% drop in the past 24 hours. The price recently hit a 24-hour low of $0.3035 and is struggling to hold above key support at $0.3000. A breakdown below this level could accelerate the decline, potentially targeting the next support at $0.2800.
🔻 Heavy selling volume and consecutive red candles indicate bearish dominance, keeping the price under pressure. Traders should closely watch price action around $0.3000. A successful defense of this level could lead to a short-term rebound 📈, while a confirmed breakdown may trigger further downside 📉.
⚡ For long positions, waiting for a confirmed reversal or a strong bounce from $0.3000 may provide a safer entry. Meanwhile, short traders could look for opportunities if support fails to hold.
⚠️ Trade with caution as the market remains volatile.$THE
