$THETA saw a $1.6139K long liquidation at $0.1832. Leveraged buyers were forced out around this level which puts the $0.182–$0.184 area on watch.
If buyers can defend the zone a short recovery could develop.
Trading Setup:
Entry: $0.182–$0.184
Targets: $0.188–$0.194
Stop: $0.178
Bias: Cautious recovery
Risk Management: Wait for a confirmed support reaction before entering instead of catching the first bounce.
Disclaimer: This is my personal market observation and not financial advice.
