$THE Breakout in Progress! Bulls Charge Past Resistance
$THE has surged strongly on the 1H chart, breaking above the $0.3650–$0.3700 supply zone with a tall bullish candle. Momentum is clearly shifting, and traders should watch closely for continuation.
Long Trade Setup:
Entry Zone: $0.3705 – $0.3720
Stop Loss: $0.3640
Target 1: $0.3785
Target 2: $0.3850
Target 3: $0.3925
Insight: Volume is spiking and price action is forming a strong breakout structure. A successful hold above $0.3700 could lead to quick upside continuation. Watch for possible retest entries.