THETA is currently in a consolidation phase

THETA is currently in a consolidation phase and trading within a range. The major support zone is between $1.140 - $1.15, and the significant resistance is $1.300 - $1.310. One can use range trading with proper stop-loss until there is no aggressive move from Bitcoin. Additionally, a triangle pattern formation could lead to a setup, so keeping an eye on a breakout is advisable.