🚨 $THETA /USDT: Bounce or Breakdown? Enter at $2.874 for Short-Term Gains! 🚨
$THETA /USDT has pulled back significantly after hitting a 24-hour high of $3.172, now trading at $2.874. This dip presents a potential entry opportunity as the price approaches the support zone at $2.845. On the 15-minute chart, the RSI indicates oversold conditions, suggesting a possible bounce if the support holds. Resistance is set at $2.950, with tight targets to minimize risk in this volatile setup.
Consider entering at $2.874, with take-profit targets at $2.900, $2.940, and $2.970. Place a stop loss just below the key support at $2.840 to manage downside risk. Stay alert, as a breakdown below support could signal further declines, but the current setup favors a quick recovery.