📈 Technical Analysis: Theta ( $THETA )



Market Capitalization: $341M.
A very unusual situation with THETA. After a sharp rise followed by a gradual correction, the chart is moving downward.

🟡 Our task is to catch the bottom of this correction as the price returns to its previous channel.

How to trade❔

💬 Near levels, wait for a reliable candlestick formation with an upward signal.

💬 Buy only with a favorable risk/reward ratio.

💬 Place stop-loss behind the extremum.

💬 Set profit target before the nearest level.

💬 Don't be greedy! Don't assume the price will return to where it started falling from. Take a modest profit.

Conclusion:
THETA is currently in a bounce-hunting zone. Deutsche Telekom recently joined Theta Network as a validator alongside Google, Samsung, and Sony – fundamentals remain strong. But technically we're still in a downtrend, so enter cautiously and only by the rules.

📈 Open trade with $THETA ‌🔗 Chat • X • HRUMfamily
THETA-3.48%
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HRUM
HRUMHrum
MC:$3.52KHolders:1
0.00%
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