$THETA : BREAK TREND – HOLDING MONEY, NOT HOLDING LOSSES!”
Current situation:
• 1h & 4h frame:
• Price continuously stays below MA(7), MA(25), MA(99) → clear short-term downtrend.
• MACD is still negative, long red histogram → no signs of a rebound yet.
• Volume is gradually weakening → money is temporarily withdrawing.
• Daily frame:
• THETA dropped from a peak near 1.08 to around 0.84, losing nearly -25% in a few days.
• Testing support at the MA(25) area – around 0.81, if it breaks further, it could return to the 0.75–0.78 area.
• Weekly & monthly frame:
• The rebound from the bottom of 0.6 to 1.08 has ended. Now is the adjustment phase.
• Long-term remains a downtrend, unless THETA exceeds 1.1 with high volume.
Strategy:
1. “Don’t catch a falling knife”:
THETA is in a downtrend, there are no signals of a bottom formation.
It’s not advisable to enter at this time, even if the price is low.
2. “Wait for a technical bottom”:
Only consider buying if:
• RSI < 25 (oversold)
• Price touches support 0.75–0.78 and bounces back with volume
• 1h or 4h MACD crosses up
3. “Short in sideways”:
If you know how to use margin or futures, you can short when the price rebounds to 0.87–0.89, with SL above 0.91.
THETA is looking bad – do not FOMO. Those who still have coins should take a small loss, and those who have not entered should wait for clear reversal signals before making a decision.
#THETA #AltcoinDump #CryptoAlert #GenZTrading #CutLossBeforeItCutsYou