$THETA
/USDT Technical Analysis
Current Price: $1.789 (+2.70%)
24h Change: +10.64%
THETA is gaining momentum, with increasing buying pressure pushing the price higher. The recent breakout above $1.78 signals bullish sentiment, supported by strong trading volumes.
🎯 Key Targets to Watch:
1. $1.85 - Immediate resistance level. A breakout here could confirm continued upward momentum.
2. $1.90 - Strong resistance zone; breaking this could signal a move toward higher highs.
3. $2.00 - Psychological level and key milestone for bullish traders, indicating a potential trend reversal on higher timeframes.
📉 Support Levels:
$1.70: Immediate fallback in case of a pullback.
$1.56: Strong support aligning with the 24h low.
Outlook:
If THETA sustains above $1.78 and breaks $1.85, the path toward $1.90 and $2.00 becomes clearer. Keep an eye on trading volume and market sentiment for confirmation.
Stay tuned for more updates and trade wisely!