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

https://sahmeto.com/message/3320104
THESOUMYOROY
THESOUMYOROY
Rank: 18910
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،Technical،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

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$1.32
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