$BTC THEUSDT – LOWER-HIGH REJECTION SIGNALING A LIKELY DOWNSIDE EXTENSION
$THE has been losing momentum ever since failing to hold above the 0.1850 region, and now price is repeatedly rejecting near 0.1810–0.1820. This tightening bearish structure, paired with consistent lower highs, suggests buyers are fading while sellers regain full control. With support around 0.1780 weakening, a clean breakdown could trigger another wave of downside continuation.
Trade Setup (Short)
Entry Range: 0.1805 – 0.1820
Target 1: 0.1770
Target 2: 0.1745
Target 3: 0.1718
Stop Loss (SL): 0.1840
Market Outlook:
Momentum remains bearish, and unless buyers reclaim 0.1830 with strength, continuation to lower levels is the higher-probability move.
