Binance Family ā $THETA Market Update š
Market Structure:
ā¢ THETA overall downtrend is trading
ā¢ Price is below major MA(99)
ā¢ Recent bounce looks weak and corrective
Outlook:
ā¢ Rejection below 0.300 = downside continuation
ā¢ Retest toward lower demand zone possible
Trade Logic:
ā¢ Bearish market structure
ā¢ MA resistance holding
ā¢ Weak momentum
SHORT Trade Setup:
Entry Zone: 0.291 ā 0.305
Target 1: 0.285
Target 2: 0.275
Target 3: 0.260
Stop-Loss: 0.325
THETAUSDT
Perp
0.2923
-3.88%