THETA Analysis- Correction Anticipation and Trading Plan!
📈 Price Movement:
Surge: THETA surged by over 30% in the last two weeks, reaching a rejection level around $1.325.
Correction: The price has begun to correct, and a retracement to around $1.10 is anticipated in the next week or two.
💼 Trading Plan:
Retracement Entry: If the $1.10 level holds, consider a spot long trade.
Profit-Taking: Goal to take some profit at $1.325 to $1.40.
Remaining Position: Let the remainder ride to the next resistance area at around $1.60.
Risk Management: Set a stop-loss just below $1.05 to manage potential losses.
🔄🔍 Note: Keep an eye on market developments and adjust the plan accordingly. 🚀💡
#THETA #CryptoTrading #PriceAnalysis 📊📌
Surge: THETA surged by over 30% in the last two weeks, reaching a rejection level around $1.325.
Correction: The price has begun to correct, and a retracement to around $1.10 is anticipated in the next week or two.
💼 Trading Plan:
Retracement Entry: If the $1.10 level holds, consider a spot long trade.
Profit-Taking: Goal to take some profit at $1.325 to $1.40.
Remaining Position: Let the remainder ride to the next resistance area at around $1.60.
Risk Management: Set a stop-loss just below $1.05 to manage potential losses.
🔄🔍 Note: Keep an eye on market developments and adjust the plan accordingly. 🚀💡
#THETA #CryptoTrading #PriceAnalysis 📊📌