a short technical analysis and trade signal for $THETA

/USDT:๐Ÿ”ฅ๐Ÿ’ฏ๐Ÿš€

Technical Analysis:

Current Price: $2.41

Trend: Bullish momentum over the last 24 hours (+2.20%)

Support Levels: $2.29 (24h Low), $2.28

Resistance Levels: $2.43 (recent high), $2.45

Indicators: The price is maintaining above the support level and showing positive momentum with slight upwards trend.

Trade Signal:

Buy Entry: $2.40

Target 1: $2.45 (First resistance)

Target 2: $2.50 (Next resistance)

Target 3: $2.55 (Strong resistance level)

Stop Loss: $2.35 (Just below the support)

Trade Momentum:

Momentum is bullish, but caution is needed near resistance levels as it may face some consolidation before higher moves. Watch for any signs of exhaustion or price rejection at $2.45.

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