$THE is facing strong resistance after a sharp rally, and the latest rejection candle suggests sellers may take control for a short-term correction.
Trade Setup: Short
Entry Zone: 0.0655 – 0.0668
SL: 0.0708
TP1: 0.0625
TP2: 0.0598
TP3: 0.0572
Price has rejected the local resistance zone while momentum is slowing after the recent pump. If buyers fail to reclaim 0.0668, a deeper pullback toward the support levels becomes increasingly likely.
Trade Here On $THE .
Trade Setup: Short
Entry Zone: 0.0655 – 0.0668
SL: 0.0708
TP1: 0.0625
TP2: 0.0598
TP3: 0.0572
Price has rejected the local resistance zone while momentum is slowing after the recent pump. If buyers fail to reclaim 0.0668, a deeper pullback toward the support levels becomes increasingly likely.
Trade Here On $THE .