🔴 $THE /USDT – Bearish Continuation Setup
THE/USDT is currently showing bearish momentum after reacting from a strong resistance level at $0.1028. Sellers are taking control, and the price has recently dropped to $0.0984, indicating a shift in momentum. A continued decline towards lower levels is anticipated as the market struggles to maintain buying pressure. A short entry can be considered near the $0.0990–$0.1000 range with clear rejection confirmation.
🎯 Take Profit Levels: • TP1: $0.0970
• TP2: $0.0950
• TP3: $0.0920
🛑 Stop Loss: $0.1020
Trading Strategy: Look for a clean rejection at key resistance before entering. Given the current selling pressure, this trade setup has a favorable risk-to-reward ratio. Keep an eye on volume and price action for confirmation before entering the position.
