$THETA /USDT data. With strong 9% upside today and current price action near resistance, here’s a momentum-based intraday trade setup using the 15m–1h chart:
THETA/USDT Intraday Setup
Current Price: $0.796
MA60 (15m): $0.795 (price hovering just above MA60)
Volume: High and increasing (MA(5) > MA(10)), confirming strong buyer activity
Key Levels
Support:
$0.795 – MA60 support zone
$0.770 – Minor intraday pullback level
$0.710 – 24h low (major support)
Resistance:
$0.801 – 24h high (immediate resistance)
$0.815–0.825 – Extension targets if breakout occurs
Bullish Scenario (Breakout Continuation)
Entry: $0.800–$0.803 on breakout with volume
Stop Loss: $0.785 (below MA60 and recent wick zone)
Take Profit: $0.815 (partial), $0.825–$0.840 (extension)
R/R: ~1:2.5+
Bearish Scenario (Fakeout or Rejection at $0.801)
Entry: $0.800–$0.802 if price rejects 24h high with weak volume
Stop Loss: $0.808
Take Profit: $0.780, then $0.765
R/R: ~1:2
Quick Notes
Breakout volume confirmation is key above $0.801.
Holding above MA60 ($0.795) is bullish; losing it could trigger a pullback.
Watch the next 15m candle closely near $0.801 for momentum signs.
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