$THE /USDT is currently trading around 0.2200, showing a +3.24% change over the last 24 hours. After a sharp dip toward 0.2172, price found support and rebounded, signaling active buyers defending the lower range.
On the 1H timeframe, the structure shows a bounce followed by consolidation, with higher lows forming near support. Recent bullish candles suggest momentum is rebuilding, though price is still trading below a key resistance zone.
Trade Setup
Entry Zone: 0.2180 – 0.2210
Target 1: 0.2240
Target 2: 0.2280
Target 3: 0.2320
Stop Loss: 0.2145
Technical View
Strong support confirmed near 0.2170 – 0.2180
Higher lows forming on the intraday structure
Price consolidating just below resistance at 0.2240 – 0.2255
A clean break and hold above 0.2255 could open the door for a continuation move toward higher targets
If resistance is reclaimed with solid volume, $THE can extend the recovery and attempt a broader upside move. Failure to hold above the entry zone would keep price range-bound and expose the support area again.
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