Title: TIA/USDT Explosive Breakout
Bias: Bullish
Description: TIA has made a significant move upwards, far above the 24 and 48 SMA, which indicates strong buying pressure and momentum.
Direction: The strong uptrend is likely to continue.
Entry: Current levels might still offer entry with the momentum.
Stop Loss: Below the recent consolidation area around $5.6388.
Targets: Price may target previous resistance or high around $12.6763.
Caution: After such a large move, watch for potential retracement as traders take profits. RSI is high, which can indicate overbought conditions.
Bias: Bullish
Description: TIA has made a significant move upwards, far above the 24 and 48 SMA, which indicates strong buying pressure and momentum.
Direction: The strong uptrend is likely to continue.
Entry: Current levels might still offer entry with the momentum.
Stop Loss: Below the recent consolidation area around $5.6388.
Targets: Price may target previous resistance or high around $12.6763.
Caution: After such a large move, watch for potential retracement as traders take profits. RSI is high, which can indicate overbought conditions.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.