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【$THETA Signal】Empty position, waiting for selling pressure to be confirmed as exhausted
$THETA After a volume-driven decline, the market enters a cooling phase. The price action shows continuous selling pressure release without effective buying absorption. Combined with changes in open interest, caution is needed to determine whether this is the main force continuing to unload after a long squeeze. The current structure is relatively weak, with no clear signs of a bottoming or reversal.
🎯Direction: Short (NoPosition)
Waiting for the price to show clear buying absorption and rejection signals at key support zones (such as 0.210-0.215), or waiting for a rebound to resistance levels (such as 0.230-0.235) to observe if selling pressure re-emerges before making a decision. The current market sentiment is panic-driven, and bottom-fishing carries high risk.
Trade here 👇 $THETA
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