Analysis and Signal for $THETA /USDT on Binance

Analysis:

Current Price: $2.303 (-15.36%)

24h Range: $2.285 - $2.733

THETA is experiencing a sharp decline, breaking below critical support levels.

Immediate support is observed at $2.285, while resistance is at $2.376. A bounce near the support zone could provide a recovery opportunity.

Trading Signal:

Entry Point: $2.305

Target (TP1): $2.350

Target (TP2): $2.410

Stop Loss (SL): $2.275

Strategy:

Monitor price action around $2.285 for a potential bounce.

Target short-term resistance levels for quick trades.

Use a Stop Loss at $2.275 to manage downside risk.

Disclaimer: Market conditions are highly volatile; trade cautiously and always manage risk.

#CryptoTrading #THETAUSDT #TradingSignals #Binance