🚨 $THETA Drops to $2.327 – Testing Critical Support Levels
$THETA is trading at $2.327, showing a sharp decline of 14.79% in the past 24 hours. The price plummeted from its daily high of $2.733, briefly touching a 24-hour low of $2.285 before stabilizing near its current level. The RSI at 42.93 reflects mild bearish momentum, while the MACD hints at a potential recovery with a minor positive shift.
THETA is now approaching a critical support zone at $2.285, which will be crucial for maintaining its current structure. A successful bounce from this level could see the price retesting resistance near $2.392. However, failure to hold support may lead to further downside pressure. Traders should closely monitor the volume for signs of a possible reversal or continuation of the downtrend.
