$THETA
/USDT Technical Analysis & Trade Signals
Current Price: $2.396
Trend: Bullish momentum (+6.92%)
Support Levels:
S1: $2.201
S2: $2.145
Resistance Levels:
R1: $2.453
R2: $2.469
Trade Signals
Buy Zone: $2.20–$2.35 (near support levels)
Momentum: Strong bullish trend supported by high trading volume and a break above the 5-day moving average.
Targets 🎯:
1. T1: $2.50 (short-term resistance)
2. T2: $2.65 (mid-term resistance)
3. T3: $2.80 (major breakout target)
Stop Loss: Below $2.15 to limit downside risks.
Trade Momentum
Volume: Increasing (bullish confirmation)
Indicators:
RSI: Likely nearing overbought but still bullish.
MACD: Positive divergence supports continued upward momentum.
Recommendation: Consider buying on dips near support zones and trailing stop loss as the price approaches targets.
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