**$THE Short Entry Trade Setup 📉**
On the 4h chart of **$THE **, price has made a sharp pump from the 0.0995 base and is now approaching a strong resistance zone near 0.120 to 0.121. After a fast upward move with large green candles, a short term correction often happens as early buyers take profit. Volume is high and the current candle shows rejection near resistance, which increases the chance of a pullback move before the next trend decision.
**Short Entry Plan for $THE **
Entry zone
0.119 to 0.121
Take profit targets
TP1 0.112
TP2 0.108
TP3 0.102
Stop loss
0.126
**Trade Reasoning 📊**
Price is testing a resistance area formed earlier near 0.120. After strong bullish momentum, markets usually retrace to retest previous breakout zones.
If rejection continues from 0.120 area, a pullback toward 0.112 and 0.108 support zones is likely. If price breaks and holds above 0.121 with strong volume, the short setup becomes invalid, so risk control with stop loss is important. ⚠️📉