SwallowPremium

THETA/USDT: Breakout + Re-Test = Bullish Movement?

Short
BYBIT:THETAUSDT.P   THETAUSDT Perpetual Contract
With a confirmed breakout above the descending channel and a subsequent re-test of the breakout point, THETA's weekly chart is indicating a bullish shift. The price surge has established new support, laying the groundwork for an upward continuation. Looking ahead, we're targeting incremental resistance levels, the nearest being a 19.51% climb from our current position. The momentum is strong, and if buyers maintain control, we could challenge the next key resistance level at a 52.79% rise.

🚨 Authentic Mentoring
⚡️ Short-Term + Mid-Term Trades

Join our amazing team and be part of something bigger.
FREE: t.me/SwallowCryptoTeam
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.