#THETAUSDT | #THETA | #ThetaNetwork
Current Price $1.39
Market Cap $1.39B
Change 1h +0.15% | 24h -0.58%
Daily Indicators:
• RSI: 42 - Neutral 🟠
• MACD: -0 - Bearish 🔴
• EMA: 1.53 - Below 🔴
Analysis:
This chart shows a Falling Wedge pattern, typically a bullish sign, forming above the 200-day MA, suggesting potential trend reversal. We anticipate a breakout above the critical resistance at $1.80 and 200-day MA, signaling a bullish trend.
Price Targets:
If the breakout happens above $1.80, expect a significant rise. Immediate price target is a +40% upside to $2.50, offering an attractive trading opportunity within this setup.