Recently, $THETA

After rebounding from $1,000, it has increased by 15.69%, and the current price is around $2.293. It is currently close to a significant resistance level of $2.323; if it breaks through here, the price may continue to rise to $2.390, or even higher. However, if it cannot break through, it is very likely to pull back to the support level of $1.981. Trading suggestions:

Bullish operation (breakout scenario):

If the price breaks above $2.323, consider buying, with a target price of $2.390 and a further target of $2.500. Stop loss: set at $2.200 to avoid larger losses.

Pullback operation (support buying):

If the price does not break through and instead falls back, wait until it drops near $1.981 to buy, with the initial target still at $2.323, and after breaking through, look at $2.390. Stop loss: set at $1.900 to guard against unexpected declines.

Recently, trading volume has been increasing, and market sentiment is optimistic, indicating a higher possibility of an upward movement.