Technical analysis by CryptoNuclear about Symbol THETA: Buy recommendation (6/30/2025)

🔍 Chart Structure and Key Zones:Timeframe: 1W (Weekly)Major Historical Support: The yellow zone between $0.55 - $0.70 has been tested multiple times since 2021.The current price is once again retesting this strong support area, showing signs of a potential bullish bounce.📈 Bullish Scenario:If the support at $0.696 holds and triggers a reversal:Potential short-term targets are:$1.029 as the first minor resistanceBreakout above $1.658 could lead to a rally toward:$3.047$3.50$4.216If bullish momentum sustains, long-term targets include:$8.154$12.742And possibly a retest of the all-time high at $15.880> This price action suggests the formation of a potential Double Bottom pattern — a classic bullish reversal signal on higher timeframes.📉 Bearish Scenario:If price breaks below the support zone of $0.696 – $0.55:The bullish setup becomes invalidated.There is little significant support below $0.55, which could lead to an aggressive selloff.This would indicate a possible final capitulation phase before a true macro bottom is formed.📊 Chart Pattern Insight:Potential Double Bottom forming in a high-confluence support zoneSigns of accumulation structure with long lower wicks (indicating buyers stepping in)Bullish impulse projection is marked if a breakout confirms🔖 Conclusion:The $0.55 - $0.70 zone is a critical turning point for THETA.If held, this could mark the beginning of a long-term trend reversal.The current setup offers a favorable risk-reward ratio for swing and long-term traders, though caution is needed if the support fails.#THETAUSDT #THETA #CryptoAnalysis #TechnicalAnalysis #CryptoBreakout #BullishReversal #AltcoinSeason #SupportAndResistance #DoubleBottom #SwingTrade