On a daily timeframe, THETA has successfully breached the key resistance level of $1.20. This significant move indicates a bullish momentum in the market for THETA.
Following this breakout, the $1.20 level, which previously acted as a barrier to upward movement, is now expected to serve as a strong support zone.
There is an opportunity to test this support area, and currently, there is potential for a price recovery.
Following this breakout, the $1.20 level, which previously acted as a barrier to upward movement, is now expected to serve as a strong support zone.
There is an opportunity to test this support area, and currently, there is potential for a price recovery.
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Join our channel:
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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.