$THETA THETA Market Sentiment: November 17, 2024

Today, THETA exhibits a **bearish sentiment**, reflecting declining market momentum. Despite robust fundamentals in the video streaming and blockchain sector, the current price of **$1.485** suggests difficulty breaking key resistance levels at **$1.50**. Support is anticipated around **$1.45**, but failure to hold could lead to a deeper retracement toward **$1.40**.

Short-term trading strategies may favor waiting for consolidation or lower entries. Long-term investors could consider averaging in below $1.45, capitalizing on future ecosystem developments like Theta's decentralized streaming enhancements.

**Target Price**: $1.52 (short-term)

**Buy Range**: $1.45 - $1.48

**Sell Range**: $1.50 - $1.55

Market watchers should stay cautious and monitor broader crypto trends, as BTC's dominance could steer THETA's trajectory.