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THETA/USDT: Breakout + Re-Test = Bullish Movement?

Short
BYBIT:THETAUSDT.P   THETAUSDT Perpetual Contract
With a confirmed breakout above the descending channel and a subsequent re-test of the breakout point, THETA's weekly chart is indicating a bullish shift. The price surge has established new support, laying the groundwork for an upward continuation. Looking ahead, we're targeting incremental resistance levels, the nearest being a 19.51% climb from our current position. The momentum is strong, and if buyers maintain control, we could challenge the next key resistance level at a 52.79% rise.

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