$THETA

THETA USDT Analysis

The THETA token has broken through the descending wedge pattern and has now confirmed a full bullish reversal. Trading around the support level of $0.977 indicates increasing buyer interest. With strong demand emerging, there is a high likelihood of the upward trend continuing. We are monitoring the potential for the token to retrace to the Dow Jones area for further buying opportunities.

Price Targets: If the momentum continues, we expect bullish targets at $1.20 where there is moderate resistance. If the price surpasses this level, the next target could be $1.50. However, a drop below $0.75 could invalidate this bullish pattern. Stay alert to market movements!