$THETA As of today, Theta (THETA) shows a somewhat bearish sentiment in the short term. While it has potential for long-term growth, market conditions and current price fluctuations indicate that a correction might be looming. The price has been under pressure, unable to break past key resistance levels, and there’s a risk of further downside movement in the short term, particularly if broader market trends continue to weigh down on crypto assets.
Target Price: $1.75
Buy Price: $1.60
Correct Price: $1.66 (current price)
Given the current market dynamics, waiting for a potential dip to the buy price level of $1.60 could provide a better risk/reward entry, with a target price near $1.75 as a short-term goal. However, any further weakness could lead to a deeper correction. Keep an eye on broader crypto market sentiment for further confirmation.$THETA