Technical Analysis for $THETA

/USDT:

Current Price Action:

Current Price: $2.231 (+4.40%)

24h High: $2.302

24h Low: $2.071

Targets:

1. Target 1: $2.250 (Resistance Level)

Immediate resistance. A breakout above this level could confirm bullish momentum in the short term.

2. Target 2: $2.350 (Key Resistance)

Medium-term resistance. Sustained buying pressure could push the price toward this level.

3. Target 3: $2.500 (Psychological Level)

Strong psychological resistance. Reaching this level may indicate further bullish sentiment.

Strategy:

Secure Partial Profits: Consider locking in profits at each target to manage risk effectively.

Stop Loss: Place a stop loss below $2.200 to minimize downside risks.

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