$THE BOUNCES FROM $0.064, BUT MAJOR SUPPLY IS STILL ABOVE $THE is attempting to recover after a sharp sell-off on the 4H chart. Price dropped from the $0.073–$0.075 region and eventually found support around $0.063–$0.064, where buyers have started producing a short-term rebound toward $0.0673. The recovery is notable, but the larger structure still faces resistance overhead. The marked $0.073–$0.075 supply zone remains the key area that bulls need to reclaim before the bearish structure can be meaningfully challenged. If THE continues higher and gets rejected from this supply, the chart suggests another move back toward the $0.063–$0.064 support area. A breakdown below that zone would further strengthen the downside setup. On the other hand, a clean 4H breakout above $0.075 followed by a successful retest would invalidate the immediate rejection scenario and could signal a stronger reversal. For now, the bounce looks like a recovery into resistance rather than a confirmed trend reversal. #BTC Price Analysis# #Macro Insights# #Meme Alpha#
