The incredible momentum of $THE /TRY has shocked the market, with the price surging from a low of 5.828 to an astounding high of 144,998 within just 24 hours. This represents an unprecedented 2289% increase, highlighting massive trading activity with over 72.10 million $THE traded. The explosive rise showcases remarkable market strength and interest.
Currently, the price is stabilizing around 138.378, suggesting a potential consolidation phase before another possible breakout. Traders and investors are closely monitoring the charts, as $THE continues to defy expectations and set new benchmarks in the market. This performance could mark one of the most memorable runs in recent trading history.
Chart Analysis:
The chart shows a significant bullish trend, with the price making successive higher highs and higher lows. The 15-minute candlesticks demonstrate strong buying pressure, as indicated by the volume spikes. The Moving Averages (MA) show upward momentum, with the short-term MA(7) above the MA(25), confirming a bullish trend. However, a slight pullback from the peak at 144,998 suggests the market may need time to consolidate before making another move.