THETA, key level FALSE BREAKOUT as a good BUY oportunity!The Theta Network (THETA) is now more in consolidation than in trend ( bullish or bearish ).
The $3-3.15 zone is now a resistance for about a month and a liquidity gap zone. We cannot break through that zone, because there is no BUYER above this levels at the moment.
After the breakout of the key level of $2.59, the big players can collect the traders' stop losses and it will be a good opportunity for us to take long positions.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
