🔥 Looking at the technical analysis of $THETA /USDT, the price has shown a significant increase of 13.78% in the last 24 hours, reaching a high of $1.197. The trading data indicates a strong buy signal, with the price currently at $1.19.

🔍 The Bollinger Bands suggest that the price is trading above the upper band, indicating a potential overbought situation. However, the positive momentum and volume show that the price may continue to rise in the short term.

💡 Trading Signal: Based on the analysis, it is recommended to consider entering a long position on THETA/USDT with caution, as the price may experience a pullback before continuing its upward trend. Keep an eye on the support levels at $1.070 and $1.000 for potential entry points.