Yigit Taha OZTURK 
There’s a renewed sense of movement in the altcoin market, and THETA is at the center of attention. After a prolonged period of decline, the token has finally broken its descending trend on the daily chart.
Following the breakout, THETA saw a short-lived upward push. However, the price was quickly rejected at the 1.08$ resistance level, indicating that bullish momentum still faces significant barriers. At present, the direction of the price remains uncertain.
Seeking Stability: Key Support Being Tested
Currently, THETA is attempting to hold the 0.84$ – 0.73$ support range. This zone is critical for price stability. A breakdown below this level could trigger a deeper correction towards 0.65$.
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For traders, this support band represents a key decision zone — whether to enter new positions or manage existing ones. Especially for short-term strategies, the outcome at this level will be pivotal.
Breaking Resistance Could Open New Targets
In a bullish scenario, a strong move above the 1.08$ resistance with volume could pave the way toward 1.30$ levels. Such a move would likely signal the beginning of a fresh upward trend for THETA, but it requires confident buying activity to materialize.
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