📊 Analysis:
Market Observation: THETA has shown strong performance and is currently consolidating.
Current Situation: Theta is trading within the $2.60 - $2.80 support range, with potential for a lower entry near $2.15 - $2.35.
Strategy: Consider entering the trade at the lower support range for a potentially better entry opportunity.
Entry Point: Look for an entry between $2.15 and $2.35.
Take Profit: Target profit levels at around $3.25 - $3.50 or $4.05 - $4.35.
Stop Loss: Set a stop loss just below the support level, below $1.90, to manage risk.
🌐 Note: Monitor the price action closely for signs of support holding and potential upward momentum before entering the trade. Adjust the strategy based on market movements and consider factors such as volume and overall market sentiment.
Market Observation: THETA has shown strong performance and is currently consolidating.
Current Situation: Theta is trading within the $2.60 - $2.80 support range, with potential for a lower entry near $2.15 - $2.35.
Strategy: Consider entering the trade at the lower support range for a potentially better entry opportunity.
Entry Point: Look for an entry between $2.15 and $2.35.
Take Profit: Target profit levels at around $3.25 - $3.50 or $4.05 - $4.35.
Stop Loss: Set a stop loss just below the support level, below $1.90, to manage risk.
🌐 Note: Monitor the price action closely for signs of support holding and potential upward momentum before entering the trade. Adjust the strategy based on market movements and consider factors such as volume and overall market sentiment.
