$THE — Technical Analysis
💰 Overall Trend
* Weekly: Strongly bearish.
* Daily: Bearish, with the price below EMA50 and EMA100.
* 4-hour: Short-term bullish rebound, but it has not confirmed a trend reversal.
💰 Key Support and Resistance Levels
* Support: 0.0360 – 0.0352, then 0.0324.
* Resistance: 0.0398 – 0.0408, then 0.0432, then 0.0475.
💰 Patterns and Candlesticks
* No clear, completed reversal pattern.
* Bullish rebound on the 4-hour timeframe after a sharp decline.
* Weekly and daily RSI are in low areas.
💰 Liquidity
* The recent decline targeted the lows around 0.0352.
* Potential buying liquidity above 0.0398 – 0.0408.
* A break below 0.0352 could open the way to a test of 0.0324.
🎯Entry Point
* Conditional buy after a 4-hour candle closes above 0.0408 and a successful retest.
* Entry zone: 0.0400 – 0.0408.
🔴. Stop Loss
\- 0.0378.
🎯. First Target
\- 0.0432.
🎯 Second Target
\- 0.0475.
The main trend remains bearish, and the suggested buy is speculative and against the overall trend. Do not consider these levels a guarantee of results, and avoid leverage.
💰 Overall Trend
* Weekly: Strongly bearish.
* Daily: Bearish, with the price below EMA50 and EMA100.
* 4-hour: Short-term bullish rebound, but it has not confirmed a trend reversal.
💰 Key Support and Resistance Levels
* Support: 0.0360 – 0.0352, then 0.0324.
* Resistance: 0.0398 – 0.0408, then 0.0432, then 0.0475.
💰 Patterns and Candlesticks
* No clear, completed reversal pattern.
* Bullish rebound on the 4-hour timeframe after a sharp decline.
* Weekly and daily RSI are in low areas.
💰 Liquidity
* The recent decline targeted the lows around 0.0352.
* Potential buying liquidity above 0.0398 – 0.0408.
* A break below 0.0352 could open the way to a test of 0.0324.
🎯Entry Point
* Conditional buy after a 4-hour candle closes above 0.0408 and a successful retest.
* Entry zone: 0.0400 – 0.0408.
🔴. Stop Loss
\- 0.0378.
🎯. First Target
\- 0.0432.
🎯 Second Target
\- 0.0475.
The main trend remains bearish, and the suggested buy is speculative and against the overall trend. Do not consider these levels a guarantee of results, and avoid leverage.
