$THE Short Rejection Below Resistance Opens a Deeper Downside Move‼️‼️
Trade Setup: Short
Entry: 0.06458
SL: 0.07154
TP1: 0.05943
TP2: 0.05465
TP3: 0.04976
THE is showing continued weakness after failing to reclaim the 0.07000 resistance zone, while the recent recovery has again faced selling pressure. The rejection around the current area keeps the bearish structure active and creates room for a further downside move.
If sellers maintain control below the entry zone, price could gradually move toward 0.05943, followed by 0.05465 and 0.04976. The setup remains invalid above 0.07154, so proper risk management is essential.
Trade Here On $THE 👇
$TFUEL $IOST
Trade Setup: Short
Entry: 0.06458
SL: 0.07154
TP1: 0.05943
TP2: 0.05465
TP3: 0.04976
THE is showing continued weakness after failing to reclaim the 0.07000 resistance zone, while the recent recovery has again faced selling pressure. The rejection around the current area keeps the bearish structure active and creates room for a further downside move.
If sellers maintain control below the entry zone, price could gradually move toward 0.05943, followed by 0.05465 and 0.04976. The setup remains invalid above 0.07154, so proper risk management is essential.
Trade Here On $THE 👇
$TFUEL $IOST
