THETA/USDT bullish continuation from demand? ๐๐THETA Analysis
๐ Paradisers, observe the current pattern of #THETAUSDT, which is signaling a strong likelihood of a bullish turn from its demand zone.
๐ #ThetaNetwork has recently experienced rejection at the $1.448 resistance level, leading to a downward movement. Compounded by recent market uncertainties, the price has been pushed further down. However, if we maintain an optimistic stance and the price sustains its momentum at the $1.001 demand zone, there's a high chance it could rally to overcome the significant resistance above.
๐ Given the dynamic nature of the crypto market, adaptability in our trading strategy is crucial. Should #THETA struggle to maintain its strength at the current demand zone, re-evaluating our approach becomes necessary.
๐ In this scenario, our Plan B would involve preparing for a bullish ascent from a lower demand level, at $0.854. Constant vigilance is essential, as failure to maintain this level could signal a shift towards a bearish market trend. ๐ด๐ฐ
๐ #ThetaNetwork has recently experienced rejection at the $1.448 resistance level, leading to a downward movement. Compounded by recent market uncertainties, the price has been pushed further down. However, if we maintain an optimistic stance and the price sustains its momentum at the $1.001 demand zone, there's a high chance it could rally to overcome the significant resistance above.
๐ Given the dynamic nature of the crypto market, adaptability in our trading strategy is crucial. Should #THETA struggle to maintain its strength at the current demand zone, re-evaluating our approach becomes necessary.
๐ In this scenario, our Plan B would involve preparing for a bullish ascent from a lower demand level, at $0.854. Constant vigilance is essential, as failure to maintain this level could signal a shift towards a bearish market trend. ๐ด๐ฐ
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