Technical analysis by THESOUMYOROY about Symbol THETA on 9/16/2024

THESOUMYOROY

#THETA has been trading below the $8 mark since October 2021 and dropped to $0.553, post that buyers tried to push the price higher but faced strong resistance at $3.771 from the trendline resistance. Thereafter the price continued the dump before getting support near $0.950. Currently, #THETA is trading at $1.336 and the price action can face a very stiff challenge from $1.524 if this Resistance is broken the price may further continue towards reclaiming its March 24 level of $3.796.On the flip side if the price could not break up above the immediate resistance at $1.524 then #THETA/ USDT may continue the downslide to its lows before getting any Support.Hit 🚀 & Share if you guys like my Crypto Pair Analysis #NFA #DYOR #THETAUSDT #crypto #analysis #thesoumyoroyanalysis