Thetan Arena ($THE ) is showing a moderate upward trend in its current trading session on Binance, priced at 0.4302 USDT (Rs 121.88), reflecting a 3.99% gain over the last 24 hours. The price has oscillated between a daily low of 0.4046 USDT and a high of 0.4425 USDT, indicating moderate volatility. With a 24-hour trading volume of 11.27M THE (4.79M USDT), the market appears to be relatively active, supporting efficient buying and selling without significant price slippage.
From a technical perspective, THE’s current price sits above all three short-, medium-, and long-term moving averages — MA(7) at 0.4217, MA(25) at 0.4256, and MA(99) at 0.4173 — suggesting a bullish bias. However, the volume analysis paints a mixed picture: the latest trading volume of 87,063.5 is significantly lower than the MA(5) of 590,735.9 and MA(10) of 567,218.0, which may imply that the recent upward movement is occurring on weaker momentum. This divergence could signal caution for traders, as sustained price increases typically require higher accompanying volume. A break above 0.4425 USDT could reinforce bullish sentiment, while a drop back below the MA(25) might trigger short-term pullbacks.
