THETA Token Perspective and Potential Gains - Cup & Handle
Theta token seems to be creating a bottoming pattern, compressed into a Cup & Handle shape. I’m looking for a breakout above the $3.7 resistance level to confirm this bullish setup.
Currently, Theta is trading around $2.0, which acts as a temporary support zone. However, it’s important to stay cautious — if the price drops below $1.5, it could lead to a structure failure, invalidating this perspective.
Key Levels to Watch:
Cup & Handle Breakout Level: $3.7
Targets: $5 - $7 - $8 - $10
Let’s see how this plays out — breakouts from these patterns often gives great opportunities.
Currently, Theta is trading around $2.0, which acts as a temporary support zone. However, it’s important to stay cautious — if the price drops below $1.5, it could lead to a structure failure, invalidating this perspective.
Key Levels to Watch:
Cup & Handle Breakout Level: $3.7
Targets: $5 - $7 - $8 - $10
Let’s see how this plays out — breakouts from these patterns often gives great opportunities.
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