THETAUSDT Bounce from Demand Zone

316
THETAUSDT has once again respected its long-term support zone, . This area has acted as a reliable demand zone multiple times in the past, leading to strong upward moves. The recent bounce from this level indicates continued buyer interest and potential for a bullish reversal.

If the current momentum sustains, we could see a move toward the $2.00–$2.50 range in the coming months. As long as THETA holds above the support zone, the bias remains bullish.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.