🔍 TFUEL Analysis – Bearish Breakdown With Weak Momentum 🔍
📺 Theta Fuel (TFUEL) powers microtransactions and data delivery on the Theta Network. Price action confirms a bearish breakdown below key support, with fading momentum.
📈 Technical Analysis
- Trend: Bearish short-term
- Support: $0.03300
- Resistance: $0.03800
- Signal: RSI near 32; breakdown from horizontal range
- Volume: $60,785 – moderate but declining
- Outlook: Bearish unless $0.03800 is reclaimed
📰 Market Data & News
- Price: $0.03538
- 24h Change: -2.4%
- No major headlines; protocol remains active in decentralized video infrastructure
🔄 Scenario Breakdown
- Bullish Case: Reclaiming $0.03800 with volume could target $0.04150
- Bearish Case: Drop below $0.03300 may lead to $0.03000
- TP/SL Logic: TP at $0.04150 / SL at $0.03280
📊 Sentiment Meter
📉 Bearish Bias – Sellers in control, weak momentum
⚠️ Risk Level
🟡 Medium – Some signals align, but confirmation needed
TFUEL #ThetaNetwork