⚠️ THE Daily Alert: Support Cracks — Buyers on the Backfoot! 🔻
📅 June 16, 2025
$THE / USDT is looking shaky on the daily. After a strong start earlier this year, the token has now broken below key support (~$0.27) — and bulls are struggling to recover. Momentum is fading fast. Here’s your full breakdown:
📊 Market Overview
Current Price: ~$0.2613 (+0.6% 24h)
Weekly: +10.8%
Monthly: –16.3%
YTD: +55.3%
✅ Big-picture trend is up, but recent action is raising red flags.
📉 Chart Breakdown
🔻 Support at $0.27 snapped — now acting as resistance
🔍 Volume thinning out — buyers are weak, sellers in control
🚨 Bearish pressure rising — no strong reclaim candle seen yet
🎯 Trade Scenarios
🔴 Bearish Breakdown Play
Entry: Below $0.261 (daily close with volume)
Stop-Loss: $0.272 (above reclaimed resistance)
Targets:
🥅 TP1: $0.235–$0.240
🥅 TP2: $0.210–$0.220
🟢 Bullish Reclaim Setup
Trigger: Strong daily candle above $0.27
Entry: Long above $0.27
Stop-Loss: Below $0.26
Target Zone: $0.295–$0.305
🔎 What to Watch
🕯️ Daily candle closes — do we reclaim $0.27 or not?
📉 Volume trend — low volume = more downside risk
🧭 Zoom out — bullish structure is being tested for the first time in weeks
🧠 Final Take
THE is under pressure. Unless bulls reclaim the $0.27 zone with volume and conviction, the path of least resistance points lower — first toward $0.235, then potentially as low as $0.21–$0.22.
📌 Be patient. Let price tell the story before entering.
⚠️ This is not financial advice. Always DYOR.
