THETA - A Nice Pattern for a quick trade

29 בדצמ׳ 2024

THETAUSDT (1D CHART) Technical Analysis Update

THETA is currently trading at $2.33 and showing overall bearish sentiment
Price got rejected from the resistance within the channel and expected to crash further. There is a good short trade opportunity here.

Entry level: $ 2.33
Stop Loss Level: $ 2.58

TakeProfit 1: $ 2.1
TakeProfit 2: $ 2.0
TakeProfit 3: $ 1.9
TakeProfit 4: $ 1.78

Max Leverage: 5x
Position Size: 1% of capital

Remember to set your stop loss.

Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.

Cheers
GreenCrypto