$THE is currently in a downturn momentum, reflecting a 3% decrease, signaling caution for traders. However, critical levels could present potential opportunities depending on price action. If the price breaks above 1.4176, it may confirm bullish momentum, providing a long entry opportunity.
• Target 1: 1.4349
• Target 2: 1.4609
On the other hand, if $THE fails to break 1.4176 and instead drops below 1.3993, it could confirm bearish momentum, creating a short entry setup.
• Target 1: 1.3866
• Target 2: 1.3693
Wait for confirmation at these key levels and watch for supporting volume before entering trades to avoid false signals.
