$THE /USDT — Short Setup 📉

Price looks extended after a +15% impulsive move and is now stalling at a key supply zone around 0.12. Multiple upper wicks and weak follow-through confirm seller presence and momentum exhaustion.

Current structure favors a pullback with inefficiencies below likely to get filled.

Trade Plan: Entry: 0.115 – 0.118

Stop Loss: 0.122

Targets:

• 0.108

• 0.102

As long as price remains below 0.122, bearish bias stays intact. A clean breakout and hold above resistance would invalidate this setup.

Wait for confirmation before entry — rejection + volume shift preferred.

THE

0.1148

+6.49%