Even without a full altseason, THETA (THETAUSD) appears to be transitioning into a markup phase from its deepest correction zone. Price action suggests that THETA has likely bottomed out, making this one of the most reliable buying opportunities among altcoins right now.
Technically, THETA is breaking out from long-term accumulation with strong support beneath, and the risk-reward is highly favorable at these levels.
Using Fibonacci extensions, we identify 4 major upside targets:
Target 1: 0.618 Fib — 10.029 - initial momentum and breakout confirmation
Target 2: 0.786 Fib — 12.609 - mid-cycle resistance zone
Target 3: 1.272 Fib — 20.046 - extended move aligned with historical levels
Target 4: 1.618 Fib — 25.347 - full markup potential and trend peak target
This structure suggests that THETA may not wait for altseason—it's building strength independently. The chart is aligned for a macro trend reversal.
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