Today's Trading Signals for $THETA
Action:
Long: If the price breaks above $2.24
Short: If the price drops below $2.16
Entry Range:
Long: $2.24 - $2.27
Short: $2.16 - $2.13
Stop-Loss (SL):
Long: $2.19
Short: $2.20
Take Profit (TP):
Long: $2.32 - $2.50
Short: $2.08 - $2.00
THETA is showing potential consolidation around the $2.17 - $2.24 range, indicating a possible breakout or breakdown soon. The market sentiment, coupled with the -10.25% 24-hour decline, suggests cautious optimism for a rebound if volume spikes, but a breakdown is also plausible if the sell-off continues. Monitor the volume closely, as increased buying pressure above $2.24 signals a long opportunity, while a dip below $2.16 could confirm a bearish move. Tight stop-losses are recommended given the volatility.
🥂 Trade Here👇$THETA
🚨 Note: Trade at your own risk. DYOR (Do Your Own Research).
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