$THE /USDT Climbs 8.64% — Testing Resistance Amid Strong Momentum
THE is currently trading at $0.3734, posting an +8.64% gain on the day, with a 24h range between $0.3383 and $0.3900. Backed by solid volume (13.80M THE / $5.09M USDT), the price has broken above the MA(7) at $0.3569 and is approaching the MA(25) at $0.3953, which acts as immediate resistance. The long-term MA(99) at $0.3036 sits well below, confirming a bullish market structure.
Momentum indicators like MACD and RSI suggest buyers are in control, but a clear breakout above $0.395 is needed to push toward next targets at $0.420 and $0.450. Failure to break above MA(25) could result in a pullback to $0.360 or $0.345. Watch for a volume surge or MACD crossover on shorter timeframes (1h/4h) to confirm direction.
