whatever he says do the opposite. this guy gets insider infor from thena cz and makes posts thay favour him. both him and thena are scams
Professor Mike
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Important Update for $THE Holders – A Rebound May Be Near! 🔥‼️
$THE is currently trading at $2.3205, experiencing a slight dip of -5.39% over the last 24 hours. This downward pressure is largely attributed to the broader market movements driven by $BTC’s recent pullback. While the market appears uncertain, this could set the stage for a recovery.
Why Hold Tight?
1. Market Influence: $BTC’s fluctuations often ripple across the market. As stability returns to Bitcoin, altcoins like $THE could follow suit. 2. Oversold Conditions: Current price levels suggest THE might be oversold, signaling potential for a reversal. 3. Volume Insights: With a trading volume of 54.62M, THE is still actively traded, indicating strong interest despite the decline.
Key Levels to Watch:
• Support Zone: $2.1905 – Holding above this level is crucial for avoiding further decline. • Resistance Zone: $2.6250 – A breakout here could spark renewed bullish momentum.
What to Expect?
If $BTC stabilizes or gains strength, The could experience a significant recovery. Patience is key during market corrections, as these moments often pave the way for the next uptrend.
⚠️ Caution: Always manage risk and stay updated on market conditions to make informed decisions.
#The What You Think About This sh*t ? I Make Long Entry At 2.937 and trading In Loss so please Give suggestions It will Go Up Or Not Please expert ,,,, My Stop Loss Is 2.090
Current Price The price is 2.9900, down 11.71% for the day. A strong rebound from the 2.8900 support level indicates buyer interest.
Moving Averages (EMA) EMA(7): 3.0393 EMA(25): 3.1261 The shorter EMA(7) is below EMA(25), confirming a bearish trend. However, the price is close to the EMA(7), indicating potential consolidation or a short-term reversal.
RSI (Relative Strength Index) RSI(6): 34.42 RSI(24): 40.39 RSI values are near the oversold zone, suggesting selling pressure may ease, and there could be room for recovery.
Stochastic RSI The Stochastic RSI is at 71.19, near the overbought zone. This suggests that, in the short term, the price might face resistance after its recent bounce.
Volume Volume shows a spike near the low of 2.8900, indicating strong buying activity at that level.