$THQ is currently trading around 0.0693 USDT after a heavy sell-off.
Price is trying to stabilize near the support zone after a strong downtrend.
Entry Zone:
0.0660 – 0.0700
Targets:
TP1: 0.0770
TP2: 0.0877
TP3: 0.1000
Stop-Loss:
0.0620
Analysis:
Price has been trading below MA levels for quite some time, which shows weak momentum. However, the 0.063 – 0.066 area is becoming a strong demand zone. If there is a bounce from here, a short-term relief rally is possible. Volume is increasing, which could be an early sign of a potential reversal. Volatility will remain high, so risk management is essential.
