Theta Fuel/Bitcoin (TFUELBTC) traded within a tight range around 2.1e-07, with a brief rise to 2.2e-07 failing to sustain, indicating bearish sentiment. Despite volume spikes during price attempts, bullish momentum was not confirmed. Technical indicators such as the 15-minute and daily moving averages showed consolidation, while RSI and MACD remained neutral to negative. The 61.8% Fibonacci retracement level at 2.25e-07 served as key support, with potential for a retest of the 2.1e-07 level if breached.
Theta Fuel/Bitcoin Faces Bearish Pressure Amid Narrow Trading Range
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