#THETA/USDT ANALYSIS T: F - DAILY#THETA has been trading below the $8 mark since October 2021 and dropped to $0.553, post that buyers tried to push the price higher but faced strong resistance at $3.771 from the trendline resistance.
Thereafter the price continued the dump before getting support near $0.950.
Currently, #THETA is trading at $1.336 and the price action can face a very stiff challenge from $1.524 if this Resistance is broken the price may further continue towards reclaiming its March 24 level of $3.796.
On the flip side if the price could not break up above the immediate resistance at $1.524 then #THETA/ USDT may continue the downslide to its lows before getting any Support.
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