I’m looking at $THE /USDT around 0.0648, where price has just pushed sharply up from the 0.0643 area. For me, the interesting part is that price is still sitting just below the declining MA60 at 0.0650, so I’d want confirmation rather than chase the move.
Price has been moving mostly between 0.0643 and 0.0646, then suddenly jumped toward 0.0649. The key level I’m watching now is 0.0650, because that’s where the visible MA60 sits.
📍 Entry: 0.0648–0.0649
🎯 TP1: 0.0651
🎯 TP2: 0.0653
🎯 TP3: 0.0656
🛑 Invalidation: 0.0643
I’d like to see price hold above 0.0648 and push through the 0.0650 MA60 area before considering the setup attractive. If momentum fades below that area, the trade becomes less convincing.
If price loses 0.0643, I’d step away from this setup because that’s the clearly visible recent low and support area.
Overall, I’m watching this as a cautious breakout attempt. The move is interesting, but I’d rather see confirmation around 0.0650 than assume the spike will continue.
Price has been moving mostly between 0.0643 and 0.0646, then suddenly jumped toward 0.0649. The key level I’m watching now is 0.0650, because that’s where the visible MA60 sits.
📍 Entry: 0.0648–0.0649
🎯 TP1: 0.0651
🎯 TP2: 0.0653
🎯 TP3: 0.0656
🛑 Invalidation: 0.0643
I’d like to see price hold above 0.0648 and push through the 0.0650 MA60 area before considering the setup attractive. If momentum fades below that area, the trade becomes less convincing.
If price loses 0.0643, I’d step away from this setup because that’s the clearly visible recent low and support area.
Overall, I’m watching this as a cautious breakout attempt. The move is interesting, but I’d rather see confirmation around 0.0650 than assume the spike will continue.
