THETA Long-Short Battle Intensifies! Support Areas Show Opportunities

Core Highlights: Key Resistance Levels Under Pressure, Short-Term Trading Requires Caution in Layout

Strategy Interpretation: Identify Support Points, Efficiently Capture Rebound Space

Market Analysis:

THETA is currently maintaining a low-level oscillation pattern, with pressure from the upper resistance level. It may continue to retest support in the short term. From a volume perspective, the battle between bulls and bears is fierce, but the bears currently have the upper hand. Short-term traders need to pay attention to the effectiveness of the key support.

Three Support Levels and Three Resistance Levels:

• Support Levels: 2.20, 2.15, 2.10

• Resistance Levels: 2.30, 2.35, 2.40

Short-Term Trading Strategy:

Long Position:

• Entry Point: 2.21

• Add Position Point: 2.16

• Stop Loss Point: 2.09

• Take Profit Targets: First Target 2.30; Second Target 2.35; Third Target 2.40

Short Position:

• Entry Point: 2.30

• Add Position Point: 2.35

• Stop Loss Point: 2.41

• Take Profit Targets: First Target 2.20; Second Target 2.15; Third Target 2.10

My Prediction:

Based on the current trend, THETA may have a potential downtrend to support in the short term, but the rebound potential in the support area is worth noting, and long positions can be gradually established at low levels.

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