$THETA
/USDT Technical Analysis:
Current Price: 2.245 USDT
24h Range: 2.084 - 2.320 USDT
Trend: Neutral to Bullish
Momentum: Bullish continuation is likely with a break above recent resistance.
Key Support & Resistance Levels:
1. Support: 2.100 USDT (recent low)
2. Resistance: 2.320 USDT (recent high)
Trade Signals:
Buy Signal: Enter around 2.245-2.255 USDT on a confirmed break above the resistance level (2.320 USDT).
Stop Loss: Set a stop loss below 2.085 USDT to manage risk.
Target Levels:
Target 1: 2.350 USDT
Target 2: 2.400 USDT
Target 3: 2.450 USDT
Trade Momentum: With bullish momentum on the higher timeframes and market structure, the trade seems poised for a potential upward move. Key indicators should be monitored for confirmation. A solid break above 2.320 USDT would be crucial for confirming further upward movement.
Note: Always consider market conditions and risk management before entering trades.
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