Did Theta confirm support at $11.9, Idea for Support After new A

It looks like Theta is nearly ready for another run at a new ATH. It seems to have confirmed a new support level at $11.9+

This is my idea on where Theta will find support after a new ATH during this season.

Thoughts? What's the best way to forecast a future support?

*We certainly will be able to get it for $6 or less in the long run, but with the amount currently staked and the momentum in Theta (and DeFi in general) it may be a good opportunity. It also may not.