THETA Long Opportunity
Market Context:
Several altcoins, including THETA, have retraced to their horizontal support levels, presenting a prime opportunity for a long position with favorable risk-to-reward.
Trade Details:
Entry Zone: Between $1.99 – $2.14
Take Profit Targets:
$3.10 – $3.35
$4.00 – $4.40
Stop Loss: Just below $1.70
This setup leverages THETA’s strong support level, providing clear upside potential while managing risk effectively. 📈
Several altcoins, including THETA, have retraced to their horizontal support levels, presenting a prime opportunity for a long position with favorable risk-to-reward.
Trade Details:
Entry Zone: Between $1.99 – $2.14
Take Profit Targets:
$3.10 – $3.35
$4.00 – $4.40
Stop Loss: Just below $1.70
This setup leverages THETA’s strong support level, providing clear upside potential while managing risk effectively. 📈
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