From the K-line perspective of $THE , the price surged and then retreated, entering a range-bound fluctuation, without a sustained decline. Most K-lines are fluctuating near the moving average, receiving support from the moving average, with initial signs of stabilization;

On the MACD, the fast and slow lines are approaching the zero axis again, with the strength of the bulls beginning to show, while the red bars are relatively short and the green bars are stronger, indicating a weakening of the bears and accumulation of the bulls. Although a clear bull run has not been established, the support from the K-line and the bullish-bearish transformation signals from the MACD suggest a potential for bullish movement in the future.

Currently at 0.4555

Attention to support level 0.444

Resistance level 0.4617

If a breakout occurs at the resistance level, it may be prudent to go long.