🔥 Buy signal $THE 🔥🚀

Current price: $1.5211 (-5.09%)

The chart shows that the price has tested the minimum of $1.46 in the last hours and is starting to show signs of recovery. This may be the beginning of a local reversal.

Indicator analysis:

• RSI: Level 41 indicates an exit from the oversold zone. This may be a signal for increased buyer activity.

• MACD: The indicator lines are starting to converge, which often precedes a trend change

• Volume: Growing trading volume confirms the interest of market participants, which increases the likelihood of an upward movement.

Technical picture:

The price has rebounded from the local minimum, which may indicate a temporary end to the correction. If the current momentum continues, the nearest target is the resistance zone at $1.60–1.66.