$THE /USDT Current price is showing strong activity with a +4.95% move in the last 24 hours. After a clean breakout from short-term consolidation, the structure has flipped bullish. On the 1H timeframe, strong bullish candles and higher highs confirm momentum is building, supported by rising volume and decisive price acceptance above prior resistance.
The impulsive move from the 0.20 area suggests buyers are in control, and any shallow pullback may offer continuation opportunities rather than trend reversal.
Trade Setup
Entry Zone:
0.2090 – 0.2120
Target 1:
0.2180
Target 2:
0.2250
Target 3:
0.2350
Stop Loss:
0.2020
Technical Context
Previous resistance near 0.205 – 0.207 has flipped into support
Strong bullish engulfing structure on lower timeframes
Momentum candles show limited upper wicks, indicating demand dominance
A successful hold above 0.212 increases probability of trend continuation
If the breakout zone is held with sustained volume, price can extend into a larger impulsive leg, with higher targets opening up beyond the current range. Failure to hold 0.205 would invalidate the bullish setup and shift bias back to consolidation.
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