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Technical Analysis: $THE

/USDT – Potential Targets 📊

The THE/USDT pair has been showing strong upward momentum, with a +22.66% gain over the last 24 hours, and it’s currently priced at $1.72. Let’s break down the key levels to watch for potential price action:

🎯 Target 1: $1.80

The first key resistance level is $1.80, which marks the 24-hour high. A breakout above this level could signal further bullish momentum, setting the stage for the next targets.

🎯 Target 2: $1.82

A further rise could lead the price to challenge the $1.82 level. This price point is critical, as it aligns with the recent high and could act as a strong barrier to further gains. Keep an eye on volume trends here for confirmation.

🎯 Target 3: $1.90

If the bullish sentiment continues, $1.90 is the next key level to watch. This could be the point where profit-taking becomes more prominent, so monitor closely for any signs of reversal.

Support Level: The 24-hour low at $1.40 serves as the key support zone. A break below this could signal a potential pullback, with the next support near $1.30.

🔍 Summary: The THE/USDT pair is showing strong upward movement, with key targets at $1.80, $1.82, and $1.90. Traders should watch these levels closely for breakout opportunities, while $1.40 remains a crucial support point.

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