**Why $THE /USDT Is Pumping – Market Structure & Momentum Analysis**
$THE /USDT has surged over **+16%**, driven by a strong bullish breakout from the $0.24–$0.25 accumulation zone. The move began after price formed a steady uptrend with higher lows, showing consistent buying pressure. Once the key resistance near **$0.26** was broken, momentum traders entered the market, pushing the price toward the recent high at **$0.283**. The rally was supported by a clear **increase in trading volume**, confirming real demand and strengthening the breakout structure.
Technically, the trend remains bullish as price is trading above **EMA20 ($0.2619)**, **EMA50 ($0.2497)**, and **EMA200 ($0.2405)**, with all moving averages aligned upward — a classic trend continuation signal. **MACD is positive and expanding**, indicating strengthening momentum. Immediate support now sits around **$0.262–$0.265**, while stronger support lies near **$0.25**. If price holds above these levels, the market may attempt another move toward **$0.29–$0.31**. However, rejection below $0.26 could lead to short-term profit-taking. Overall, the pump is driven by a technical breakout, strong trend alignment, and volume-backed momentum rather than random price action. #the #crypto #BinanceSquareTalks #altcoins
