$THETA

/USDT Slight Bull Run update šŸ’Æ Ready For Next Alert šŸ’Æ šŸ”„

Current Price: $2.526 (0.00%)

24H Range: $2.469 - $2.628

Volume: 5.25M THETA | 13.38M USDT

Technical Analysis Highlights

Trend: Price is consolidating near the midpoint of the 24H range, showing potential for a breakout.

Moving Averages:

10 MA: Support near $2.50, indicating stability in the short term.

50 MA: Upward sloping, confirming medium-term bullish bias.

RSI: Around 55 ā€“ Neutral, indicating a balance between buying and selling pressure.

Bollinger Bands: Price near the middle band, suggesting potential for a breakout if it moves toward the upper band.

MACD: Positive and holding steady, signaling a potential continuation of the uptrend.

šŸŽÆ Trade Strategy

Entry Point: Look for a buy near $2.50ā€“$2.52 for a potential breakout.

Targets:

1. šŸŽÆ $2.60 ā€“ Immediate resistance, potential quick profit zone.

2. šŸŽÆ $2.63 ā€“ 24H high; key breakout level.

3. šŸŽÆ $2.70 ā€“ Extended bullish target if momentum continues.

Stop Loss: Set at $2.45 to minimize downside risk.

āš” Pro Tip:

Watch for volume spikes as price approaches $2.60 for confirmation of upward momentum.

If $2.63 holds as resistance, consider adjusting positions for a pullback.

Happy trading! šŸš€

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