đâĄïžđ THETA/USDT: Breakout Watch from Descending Channel! đđ
#THETA/USDT is currently trading inside a descending channel on the daily timeframe â a pattern often seen before trend reversals. đ§đ
â ïž Key Insight:
The price is approaching the channel resistance line â a breakout here could signal the start of a new uptrend. đč
Watch for a strong daily close above the channel with volume to confirm momentum. đđ„
đ Bullish Outlook: If THETA manages to break out, we could see a trend reversal with targets near previous highs. Ideal setup for breakout traders! đ§ đ„
đ Risk management is essential, but this setup deserves attention!