📊 THETA has broken the long-standing downtrend on the daily chart. However, the rise that came after the breakout seems to have stopped with the rejection from the resistance at $1.08.
📉 The price is currently trying to hold on to the support area between $0.84 - $0.73. If this level cannot be maintained, a pullback to $0.65 is on the table.
🔼 On the other hand, if an upward movement comes again and the $1.08 resistance is broken with volume, the next target may be $1.30.
