$THETA /USDT
๐ง THETA/USDT Trade Setup (Short-Term Swing โ 1 to 3 Days)
โ Market Overview
DetailValueCurrent Price$0.70124h High$0.71424h Low$0.678Support Levels$0.678, $0.658, $0.638Resistance Levels$0.717, $0.732, $0.737TrendMild short-term bullish (higher lows)VolumeModerate (USDT 1.48M) โ some interest, but not explosive
๐ข Long Trade Setup (Bullish Scenario)
Entry Zone: $0.690 โ $0.701
Stop-Loss: $0.658 (below strong support)
Take-Profit Targets:
๐ฏ TP1: $0.717 (first resistance)
๐ฏ TP2: $0.732
๐ฏ TP3: $0.737+
๐ Risk/Reward Example:
Risk: ~$0.701 โ $0.658 = $0.043
Reward to TP2: ~$0.732 โ $0.701 = $0.031 (R:R โ 0.72)
Reward to TP3: ~$0.737 โ $0.701 = $0.036 (R:R โ 0.83)
โ ๏ธ This setup is only valid if price holds above $0.678 with momentum (check for bullish candles on 1H or 4H).
๐ด Short Trade Setup (Bearish Scenario)
Entry Zone: $0.717 โ $0.732 (if rejection seen)
Stop-Loss: $0.738+
Target: $0.678 โ $0.658 zone
Use bearish engulfing, double top, or RSI >70 turning down for confirmation.
๐ง Confirmation Tools (Optional):
RSI: Look for RSI > 50 for long; < 50 for short.
MACD: Bullish crossover for long confirmation.
Volume: A breakout needs volume above average to validate.
๐ Summary
Setup TypeEntrySLTP1TP2Long (Buy)0.690โ0.7010.6580.7170.732Short (Sell)0.717โ0.7320.738+0.6780.658