Resistance That Has Turned Into Support
On a daily timeframe, THETA has successfully breached the key resistance level of $1.20. This significant move indicates a bullish momentum in the market for THETA.
Following this breakout, the $1.20 level, which previously acted as a barrier to upward movement, is now expected to serve as a strong support zone.
There is an opportunity to test this support area, and currently, there is potential for a price recovery.
Following this breakout, the $1.20 level, which previously acted as a barrier to upward movement, is now expected to serve as a strong support zone.
There is an opportunity to test this support area, and currently, there is potential for a price recovery.
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