🔎 THETA at ~$0.7717 — Accumulation Wicks Starting to Flash
🕯 Candle Behavior:
Recent candles show tiny bodies with long downside wicks — classic signal of absorption and buyer defense.
Price repeatedly tapping support around $0.75–$0.76 without follow-through on the downside.
No full-bodied bearish candles = bears losing momentum.
📊 Technical Structure:
Support Zone: $0.75–$0.76
Resistance Zone: $0.79–$0.80 — breakout here could trigger acceleration.
Range-bound structure is tightening — pressure is building.
📈 Why THETA Looks Ready:
Multiple rejection candles from below hint at strong accumulation.
Despite weak volume, the price is refusing to break down.
Chart resembles previous breakout setups where the move came after low-volatility phases.
📌 Trade Plan (Educational):
Entry Zone: $0.76–$0.77
Stop Loss: Below $0.745
Profit Targets:
TP1: $0.80
TP2: $0.83–$0.85 (next major structure)
TP3: $0.88+
Risk/Reward Potential: ~1:2.5 or more
