$THETA /USDT BREAKOUT ALERT ‼️🚀
📊 THETA is currently trading at $1.305, up by +7.76%. It’s forming a well-defined upward channel, showing strong bullish momentum!
💡 Support Level: $1.290
💡 Resistance Level: $1.310
🔍 Long Trade Entry:
Buy above $1.310, targeting a potential breakout. First target at $1.320, second target at $1.330. A confirmed breakout could ignite a further rally toward higher levels.
🔻 Stop Loss: Place it just below the support at $1.290 to manage risk.
📉 Short Trade Setup:
If the price drops below $1.290, consider a short trade with a target at $1.280, as a break in the upward trend may trigger a decline.
⚡ Momentum is Building!
This is a critical moment for $THETA. If it breaks the resistance, the bullish trend could continue. Stay alert for this breakout opportunity!