THETA is currently resting on a critical support zone (Green) at $1.869–$1.970, a level that has previously sparked significant bullish momentum. However, the price remains constrained by a descending trendline that has acted as stubborn resistance for weeks. The next move will be crucial in determining whether THETA continues its downtrend or reverses into a bullish rally.
If the Green support holds and the price breaks above the descending trendline, an upside move toward the $2.495 resistance level is likely. A break above this level could set the stage for a rally to the Blue resistance zone at $3.258–$3.498, especially if accompanied by strong volume and momentum.
On the downside, if the Green support fails, THETA could drop toward the Yellow support zone at $1.601–$1.660, where a pool of liquidity might trigger a bullish rebound.
If the Green support holds and the price breaks above the descending trendline, an upside move toward the $2.495 resistance level is likely. A break above this level could set the stage for a rally to the Blue resistance zone at $3.258–$3.498, especially if accompanied by strong volume and momentum.
On the downside, if the Green support fails, THETA could drop toward the Yellow support zone at $1.601–$1.660, where a pool of liquidity might trigger a bullish rebound.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.