🚨 $THETA / USDT : 1D
🧩Analysis :
• The current market conditions reveal an upward trend characterized by higher highs (HHs) and higher lows (HLs), with a notable adherence to the 50-day Exponential Moving Average (EMA).
• The overall sentiment for the pair remains bullish, supported by a favorable momentum. Anticipating a retracement, it is advisable to observe potential support within a defined zone, expecting a subsequent rebound to sustain the prevailing trend and retest previous highs.
• Exercise prudence by awaiting confirmation through a bounce-back and the establishment of discernible rejection levels before considering a long position.
Buy : $1.09
Target : $1.43
SL : $0.92
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