How far will $THE fall? Down 21.7% in one day

Were you already following this move? Tell me what you're seeing 👇

The New York Times negotiates to buy Letterboxd for USD $330 million

The news adds context; selling pressure from $THE supports the bearish thesis.

$THE maintains a weak structure, and price action favors selling pressure.

Short | clear bearish bias
Entry: $0.036608 - $0.036792
Targets: $0.033371 | $0.031707 | $0.030042 | $0.026713 | $0.023384
Stop-loss: $0.040029

#Criptomonedas #AnálisisTécnico #THE