$THETA has surged 12.146% in the past 24 hours, nearing the upper Bollinger Band at 0.6848.
This proximity suggests potential overextension, indicating caution for new long positions.
Support is established at 0.59, while resistance remains at 0.676.
Volatility appears to be expanding, which may provide trading opportunities but increases risk.
Consider placing a stop-loss around 0.59 to manage downside risk.
Recommended action: wait for a clearer trend direction or set alerts for a breakout above resistance.
