Theta is sliding beneath the 0.75‑0.78 zone, eyeing its recent swing low as sellers gather momentum. The price is primed for a short swing if the next break holds.
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$THETA SHORT 📉 — Trade Plan
• Entry: $0.186813 – $0.187187
• Stop: $0.192610 (-3.0%)
• Target 1: $0.184195 (+1.5%)
• Target 2: $0.177650 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A change of character on the 4‑hour chart broke the bullish swing, while the CVD turned negative confirming the sell pressure. The fair value gap from the prior up‑move aligns with an order block, creating a POI that the market is now testing.
A 3.0% stop is relatively tight for a 1:1.7 reward, so keep leverage modest, around 2‑3x.
Take half profit near the first target at the lower edge of the order block.
As always: manage your risk, this is not financial advice 🙏
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