🚀 Fundamental Information

• Current price: $1.15

• Market capitalization: $1.15 billion USD

• 24h trading volume: $18.3 million USD

• ATH (all-time high): $15.72 (April 2021)

• ATL (all-time low): $0.0404 (March 2020)

• Decline rate from peak: 92.6%

📈 Market Trend and Structure

• Short-term trend: THETA has slightly decreased by 0.9% in the last 24 hours and is currently hovering around $1.15. This slight downtrend may be a sign of short-term selling pressure.

• Long-term trend: THETA has decreased approximately 92.6% from its highest peak, indicating that the long-term downtrend remains dominant. However, if THETA continues to accumulate around the support level of $1.0, it may form a foundation for a long-term recovery.

🔍 Key Technical Indicators

• SMA & EMA: THETA is currently trading below the long-term moving averages, indicating that the downtrend remains strong. If the price breaks above these lines, it will be a positive signal.

• RSI (Relative Strength Index): RSI is at an average level, indicating no signs of overbought or oversold conditions. If RSI drops below 30, it may trigger buying pressure.

• MACD: The MACD indicator shows unclear signs of a trend reversal. A bullish crossover in the MACD will be a signal confirming the next price increase.

💰 Volume and Market Sentiment Analysis

• Trading volume: The trading volume in the last 24 hours is at an average level, reflecting moderate market interest. To achieve solid upward momentum, an increase in volume alongside price is needed.

• Market sentiment: Investors remain cautious, especially as THETA trades near the strong support level of $1.0. Cautious sentiment may turn into buying pressure if positive signals emerge from the broader market.

🕯️ Candlestick and Price Pattern Analysis

• Candlestick patterns: Recent candles show short-term selling pressure, but there are no signs of strong buying force. If bullish candlestick patterns such as 'bullish engulfing' appear, it may confirm an upward momentum.

• Support and Resistance: Important support is at $1.0, while strong resistance is at $1.5. If THETA surpasses the resistance level of $1.5, it may create momentum for the next recovery.

📊 Conclusion and Scoring

Criteria Score

Market Trend 6

Trading Volume 6

Momentum Strength 6

Resistance and Support 7

Candlestick Analysis 6

Market Psychology 6

Key Technical Indicator 6

Total Score 43/70

Overall Assessment

• Total score: 43/70

• Ranking: 61.4% - Need to monitor further

THETA currently remains under selling pressure, with unclear signals about a recovery. Investors should closely monitor support and resistance levels along with momentum indicators to determine the right entry point.