🔻 $THE /USDT – SLIGHT REVERSAL AFTER SHORT PEAK! ⚠️📉
$THE is facing downward pressure after failing to hold above $0.3060, now slipping back under the $0.3020 zone.
📊 Market Snapshot:
• Current Price: $0.3011
• 24H Change: -0.73%
• Rejection Area: $0.3060 – $0.3080
• Momentum: Weakening with lower highs
🔍 Technical Insight:
After a sharp push up, $THE printed consecutive bearish candles, signaling possible distribution. A breakdown below $0.3000 could trigger further selling.
🎯 Trade Setup (Short-biased):
• Entry: $0.3020 – $0.3005
• TP1: $0.2970
• TP2: $0.2935
• TP3: $0.2890
• Stop Loss: $0.3065
💡 Pro Tip: Avoid chasing—wait for rejection confirmation on retests near $0.3035 for safer short entries!
Trade Smart
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