$THE / USDT — AFTER THE FALL, WHAT’S NEXT?
$THE dropped sharply to $0.2204, wiping out earlier gains and currently trading at $0.2235 (-4.28%). The 15-minute chart shows a strong Parabolic SAR downtrend forming right after topping out at $0.2423, indicating bears are still in control short-term.
📊 Key Market Data
24h High: $0.2423
24h Low: $0.2204
24h Volume: 20.10M THE
Current Bias: Bearish, unless price reclaims above $0.2280 quickly
⚠️ Technical Note
Parabolic SAR flipped above the candles — signaling momentum reversal.
If $THE fails to reclaim above $0.2250–$0.2270 soon, the downtrend could deepen toward $0.215.
Keep an eye on volume and support strength around $0.2200. A quick bounce with volume would be the first sign of relief.
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