$THETA

🔎 Observe the 1-week frame (1W):
• Current price: 0.797 USDT
• Trend: long-term decline from 3.82 → 0.56, then a slight recovery and sideways.
• Important bottom: 0.5649 (June 2025).
• RSI(6/12/24) around 45, no clear strength signal yet.
• The short MAs (7, 25) are below MA99 → the overall trend is still downward.

📌 Pattern formation potential:
• Double Bottom (W pattern):
• Bottom 1 = 0.5649
• The second bottom may be forming around 0.78–0.80
• If the breakout occurs in the range of 1.08 – 1.10 → confirms the W pattern → increase.
• If it breaks down again to 0.56 → it will become a breakdown, continuing to decrease.

⸻

🔎 Observe the 1-day frame (1D):
• See more clearly the small W pattern (mini Double Bottom).
• The price is consolidating in the range of 0.75 – 0.85.
• Strong resistance zone: 1.08 – 1.10
• Near support zone: 0.75 – 0.78

📌 The most similar pattern:
• W Pattern / Double Bottom ( if it holds the bottom at 0.56 and exceeds 1.08).
• If it fails, it may form a small M Pattern ( reverse down ).

⸻

✅ In summary:
• Short term (1D): Sideway accumulation in the range of 0.75 – 0.85, not yet broken out.
• Medium term (1W): Potential to create Double Bottom (W).
• Strategy:
• Entry when the price breaks above 1.08 (breakout neckline).
• Stoploss below 0.75 or tighter below 0.70.
• Short target: 1.40 – 1.60, long: 2.20 – 2.50.