$THE surged from the support zone, signaling a move towards higher levels.


After the adjustment and accumulation phase around the important support zone, $THE has shown a positive rebound, opening up opportunities for a short-term recovery with higher price targets.
📈 Entry Zone (Entry Zone)
• $0.415 – $0.420
This is a strong support zone that has been tested multiple times recently. The fact that the price is maintained above this zone indicates that demand is gradually gaining an advantage, limiting the selling pressure.
🎯 Take Profit (
• TP1: $0.440 – the nearest resistance level, likely to be the first testing point after the bounce from support.
• TP2: $0.465 – if the buying power remains strong, the price may continue to break through and test this zone.
• TP3: $0.495 – this is a further target zone, where profit-taking pressure may appear strong.
⛔ Stop-Loss )
• $0.392
Placing a stop loss below the support zone allows you to limit risk if the market turns down, protecting the account from unexpected fluctuations.
📊 Overall assessment
• The short-term trend is showing positive signals after $THE bounced back from support.
• The price zone of $0.415 – $0.420 currently plays an important role; if maintained, the possibility of reaching the targets TP1, TP2, and even TP3 is entirely feasible.
• Investors should manage their capital tightly and adhere to stop-loss discipline to minimize risks in case of a trend reversal.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)