$THETA š„š Potential Bullish Setup: $THETA/USDT
š Trade Plan (Aggressive or Conservative Entry)
š¢ Aggressive Entry: Around $0.751$ (higher risk)
š¢ Conservative Entry: $0.740 - $0.748$ (on pullback)
š“ Stop Loss: $0.730$
šÆ Target 1: $0.775$
š Target 2: $0.790 - $0.805$
š Target 3: $0.820 - $0.850$
āļø Potential Risk-Reward Ratio (Conservative Entry to Target 1): ~2.00 - Decent.
š Updated Technical Breakdown
š Bullish momentum, price above short-term EMAs, approaching 99 EMA. RSI climbing.
š§± Key Resistance: $0.775$, $0.790 - $0.805$, $0.820 - $0.850$
š”ļø Key Support: $0.740 - $0.748$ (7 & 25 EMAs), $0.730$
š Decent volume on the upward move.
ā ļø RSI not yet extreme - potential for further upside.
āļø Updated Trade Management
Tighter SL for aggressive entry.
Wait for pullback for conservative entry.
Move SL to entry at Target 1.
Take partial profits.
š Final Thoughts
$THETA$ showing potential bullish move. Conservative entry on pullback might be safer. Monitor closely and manage risk. Let's see it unlock! š„š