💥..........Reclaim It Then Talk..........🔥
I watched $THE rip from 0.049 to 0.085 on the roadmap news — but the rejection at the top was instant. That kind of pump-and-fade tells me the market isn't convinced yet. I'm waiting for a clean break above resistance before I consider a long.
Key Levels
C: Price: 0.07530
R: 0.08580
S: 0.04968
Entry: 0.0740–0.0754
SL: 0.0612
TP1: 0.0858
TP2: 0.0950
TP3: 0.1100
Leverage: ≤5x
LONG Trigger: 4H close above 0.08580 + retest hold
THENA, the BNB Chain decentralized liquidity platform, unveiled its 2.0 roadmap on July 2. The plan includes minting approximately 32.61 million $THE tokens (10% of max supply) to replenish the treasury, pending veTHE governance vote. Key upgrades include core liquidity rebuilding, mobile trading, RWA integration, and spot/perpetual expansion.
The token pumped on the news but quickly faded as selling pressure kicked in. On-chain data shows rising short interest and declining OI — the market is skeptical. Price is now resting at 0.075, with support near 0.061. But if bulls can reclaim 0.0858 with a clean 4H close and hold, the next leg up could be significant.
Will it break above 0.0858 or roll back to support first?
I watched $THE rip from 0.049 to 0.085 on the roadmap news — but the rejection at the top was instant. That kind of pump-and-fade tells me the market isn't convinced yet. I'm waiting for a clean break above resistance before I consider a long.
Key Levels
C: Price: 0.07530
R: 0.08580
S: 0.04968
Entry: 0.0740–0.0754
SL: 0.0612
TP1: 0.0858
TP2: 0.0950
TP3: 0.1100
Leverage: ≤5x
LONG Trigger: 4H close above 0.08580 + retest hold
THENA, the BNB Chain decentralized liquidity platform, unveiled its 2.0 roadmap on July 2. The plan includes minting approximately 32.61 million $THE tokens (10% of max supply) to replenish the treasury, pending veTHE governance vote. Key upgrades include core liquidity rebuilding, mobile trading, RWA integration, and spot/perpetual expansion.
The token pumped on the news but quickly faded as selling pressure kicked in. On-chain data shows rising short interest and declining OI — the market is skeptical. Price is now resting at 0.075, with support near 0.061. But if bulls can reclaim 0.0858 with a clean 4H close and hold, the next leg up could be significant.
Will it break above 0.0858 or roll back to support first?