$THE - Strong rise, stability before the next breakout?
Bullish indicator above the 7 and 25 moving averages.
The increase in trading volume led to a sharp rise to $0.3379.
It strongly rose from $0.2740 to $0.3379 before entering a narrow stability range. The price stabilizes above the 25 moving average and relies on the support of the 7 moving average, indicating the continuation of the bullish momentum. A breakout above $0.3220 could lead to another upward wave.
Long entry: $0.3160 - $0.3180
Targets (TP):
1 : $0.3270
2 : $0.3375
3 : $0.3480
Stop loss (SL): $0.3030
Watch for a breakout supported by trading volume higher than its recent peaks. The trend remains bullish above the 99 moving average support at $0.2860.
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