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Theta(THETA): EMAs Are Holding The Price!

THETAUSDT Perpetual Contract (BYBIT:THETAUSDT.P)  
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BYBIT:THETAUSDT.P   THETAUSDT Perpetual Contract
Trend Analysis Chart Patterns Technical Indicators Bitcoin (Cryptocurrency) BTC Ethereum (Cryptocurrency) ETH Relative Strength Index (RSI) bollingerbandstrategy Exponential Moving Average (EMA) emacrossover
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trendanalysis chartpattern indicator bitcoin btc ethereum eth relativestrengthindex bollingerbandstrategy ema emacrossover
Theta has reached the zone of EMAs, which is holding the price back, or is it?

We have displayed here the major resistance and support zones and two possible scenarios to happen upon breaking out or breaking down from those EMAs.

What do you think? Which way will we go?

Swallow Team
Comment:
snapshot

Zone of struggle gave us a nice rejection, which led price towards lower zones here!
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