$THE /USDT: Strategic Trade Setup
Current Price: $1.2316
24h Range: $1.1623 - $1.2953
Key Levels and Targets:
Target 1: $1.2600
Target 2: $1.2900
Target 3: $1.3200
Support Levels:
Immediate Support: $1.2000
Strong Support: $1.1800
Insights:
The price action is consolidating after hitting the daily high of $1.2953.
Monitor for potential breakout above $1.2600 for bullish continuation.
Volume indicates increased interest; keep an eye on momentum shifts.
Risk Management:
Stop Loss: Place below $1.1800 to minimize downside risks.
Consider scaling profits at each target level while holding a portion for higher gains.
