$THE still looks bullish here, even if this is getting overheated.
4H trend is strong: price is above MA7 and MA30 and is now pushing into the falling MA200 near 0.116. On 15m, bulls are fully in control with price above MA7 / MA30 / MA200 and momentum still expanding. The obvious risk is that THENA is still trading with exploit overhang from last month, so this is not a blind chase trade. But the fact that $THE is reclaiming hard despite that damage is exactly why I still lean long.
Bias: Long
Entry: 0.1140–0.1152
SL: 0.1114
TP1: 0.1188
TP2: 0.1225
TP3: 0.1280
This is hot, so chasing random green candles is stupid. But while 0.114 holds, I’d rather trade continuation than call the top too early. #THENA #DeFi #BNBChain #Altcoins