$THE is moving fast, and that’s exactly where traders get sloppy. ⚠️
Price is $0.0687, up 6.68% today, with $80.78M in volume. The 4h push is +5.2%, but volume is running 5.2x the 20d average. That is attention, not confirmation.
RSI sits at 59. Fine. Funding is 0.005%, so longs are already paying while the MAs chop. I’ve been burned buying the headline.
At $0.070, I’d watch for rejection, not chase. $ETH strength can help, but THE still has to prove it can hold. 🔥
Bull or bear on THE here? 👀
#THE #Web3
Price is $0.0687, up 6.68% today, with $80.78M in volume. The 4h push is +5.2%, but volume is running 5.2x the 20d average. That is attention, not confirmation.
RSI sits at 59. Fine. Funding is 0.005%, so longs are already paying while the MAs chop. I’ve been burned buying the headline.
At $0.070, I’d watch for rejection, not chase. $ETH strength can help, but THE still has to prove it can hold. 🔥
Bull or bear on THE here? 👀
#THE #Web3