$THETA is currently compressing under a descending trendline while holding a key support zone around 0.212.

Price is showing signs of consolidation after the recent spike, with multiple rejections from the trendline and buyers defending the demand area.

If this support continues to hold, we could see a potential breakout attempt toward higher resistance levels. However, a breakdown below this zone may lead to further downside.

THETAUSDT

Perp

0.1963

-0.90%