$THE /USDT is one of those charts that tells a dramatic story at a glance—a skyrocket to $4.18 followed by a nosedive to nearly $0.17, now crawling at $0.2922. What started as a frenzied moonshot has settled into what looks like a long period of disbelief and stagnation. But beneath the surface, there are early whispers of life returning.
The weekly chart shows a flattening out of price action, a classic sign that sellers are running out of steam. While there’s still a long road ahead before it can reclaim any serious levels, the price is holding above key psychological support near $0.27. The tight range over recent weeks, paired with slight but consistent green candles, suggests we might be entering the early stages of a potential base formation. This is often the quiet phase before a reversal or a significant move.
Volume remains relatively muted, but the order book leans bullish, with 59.85% buy-side interest suggesting underlying demand is building. The downtrend has lost momentum, and if this quiet accumulation continues, the next logical test would be the $0.38 to $0.42 zone. If buyers can push through and close above those levels, momentum could snowball quickly—especially if market sentiment or DeFi narratives reignite.
For now, THE is still in recovery mode, digesting its hype-fueled past and building strength in silence. If it can hold current levels and attract fresh volume, the next act might not be as loud—but it could be more sustainable.
