$THETA /USDT has been on a strong bullish run in recent days, with the price surging from around $1.70 to its current level of $2.33. This represents a significant 21.45% increase within a short period. The Relative Strength Index (RSI) currently sits at 76.005, indicating overbought conditions.

Entry Price:

* Conservative: Wait for a slight retracement to the $2.188 support level before entering.

* Aggressive: Enter a long position at the current market price of $2.33.

Key Levels:

* Resistance: $2.394 (24-hour high)

* Support: $2.188

Take Profit Targets:

* Target 1: $2.394 (24-hour high)

* Target 2: $2.427 (Depth chart)

* Target 3: $2.50 (Psychological level)

Stop Loss:

* Place a stop loss below the recent swing low at $1.948.

Caution:

While the current trend is bullish, it's important to exercise caution as the RSI indicates overbought conditions. Traders should watch for signs of stability or a potential breakout before entering positions.

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