$THETA is displaying bullish momentum on the #MACD indicator, with the histogram showing clear bullish divergences. This suggests strong directional price action in favor of upward movement. Other technical signals further confirm bullish potential, as the 50-day moving average is sloping upward, providing solid support.
In the near term, #Theta faces support around $1.5 and could encounter resistance near $2.4, setting these levels as critical to watch for future price movements. The combination of #MACD and the moving averages points toward continued positive momentum, assuming the support levels hold.
