#THETAUSDT | #THETA | #ThetaNetwork

Current Price $1.39

Market Cap $1.39B

Change 1h +0.15% | 24h -0.58%

Daily Indicators:

• RSI: 42 - Neutral 🟠

• MACD: -0 - Bearish 🔴

• EMA: 1.53 - Below 🔴

Analysis:

This chart shows a Falling Wedge pattern, typically a bullish sign, forming above the 200-day MA, suggesting potential trend reversal. We anticipate a breakout above the critical resistance at $1.80 and 200-day MA, signaling a bullish trend.

Price Targets:

If the breakout happens above $1.80, expect a significant rise. Immediate price target is a +40% upside to $2.50, offering an attractive trading opportunity within this setup.