THETA Token Perspective and Potential Gains - Cup & HandleTheta token seems to be creating a bottoming pattern , compressed into a Cup & Handle shape . Iβm 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, itβs important to stay cautious β 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
Letβs see how this plays out β breakouts from these patterns often gives great opportunities.