Alright, fam, checking in on $THETA .
Looks like we've seen a pretty solid run-up since July 8th, pushing past the 0.70 mark and even testing around 0.83. Volume has been decent on those green candles, which is a good sign.
However, we're seeing some rejection around that 0.82-0.83 level. Price is currently pulling back, sitting at 0.779. It's looking like we might be forming a bit of a local top here, or at least a healthy correction after that pump.
Keep an eye on the 0.758 mark – that was the 24h low and could act as a minor support if this pullback continues. If we break below that with conviction, we might retest lower levels. On the flip side, if buyers step in around here, we could see another push to re-test the recent highs. Volume on this current red candle isn't super high, so not a panicked sell-off yet, just something to be aware of.
Stay sharp out there.