Everyone is buying the dip on $THE /USDT — but the data says you're walking into a trap.

$THE - SHORT
Trade Plan:
Entry: 0.0620144 – 0.0624056
SL: 0.0692424
TP1: 0.0569357
TP2: 0.0534194
TP3: 0.0481451
Why this setup?
• 1D trend is bearish, and 4h structure confirms weakness despite the 15m RSI at 56.46.
• Entry at 0.06221 with tight invalidation at 0.06189 — if that breaks, the short thesis is dead.
• TP1 at 0.05693 is a 8.5% drop, backed by ATR volatility. Why now? The bounce is failing to reclaim key levels.
Debate:
Are you fading this dead cat bounce or waiting for invalidation at 0.06189?
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