Tia’s Next Move: Opportunity Below $6?Tia/USDT has been lagging recently, and while other altcoins surged strongly after Trump’s election, Tia only recently managed to break above a key resistance level at $6.
After reaching the recent high, the price corrected and is now back at the previous resistance level, which has turned into support.
I expect this support to hold, and if it does, we could see a new upward leg for Tia.
The immediate resistance is in the $7.3–$7.5 zone, and a breakout above this level could pave the way for further gains, potentially reaching the next key resistance levels at $9 or even $12.
Buying below $6 could offer a solid entry point with a favorable risk-to-reward ratio.
Celestiaanalysis
TIA Swing Long Idea - Celestia Altcoin LongTIA was one of the best-performing assets during the 2023-2024 altcoin run. As a leader in modular blockchain technology, I find its fundamentals very strong. I’ve been holding a significant number of TIA spot positions since 2023."
Technical Analysis:
The price has been relatively weak over the past few months. However, starting from September 2024, we saw an upward movement, creating a weekly bullish structure. The price broke the bearish trendline and closed above it. After deviating from the trendline, it retraced to the daily demand zone below, found support, and is currently holding above the trendline.
The price appears to be in an accumulation phase, lagging behind the upward movement of other coins. Despite this, I like the current levels and have opened a small position here.
Note: If Bitcoin retraces sharply, it could trigger the stop loss and take me out of the trade. To manage this risk, I will monitor the daily close below my stop-loss level before fully exiting.
SL: $3.60
TP1: $7.60
TP2: $11.90
TP3: $15.55
TIA (Celesita): Falling Wedge BreakoutTrade setup : Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern and above $6.00 resistance, which could signal at least a temporary bullish trend reversal. Upside potential to $7.45. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Learn to trade chart patterns in Lesson 8.
Trend : Short-term trend is Up, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $6.00, then $5.00. Nearest Resistance Zone is $7.45, then $10.50.
Is Celestia poised for a further upswing?Before it emerged as the highest gainer today, Celestia reached its lowest price since November 2023 on July 5. The price as of then was $4.78, meaning it was 80% down from its ATH.
According to the daily TIA/USDT chart, the extended decline led to a descending channel formation.
This pattern is bearish as it shows lower highs and lower lows during the period marred by a downturn and consolidation in between.
From the chart above, bulls seem to have taken advantage of the decline by creating a good level of demand between $5.06 and $6.09.
If sustained, Celestia may continue to experience a breakout to the upside.
Another look at the daily chart shows that TIA has risen above the 20-day EMA (blue). EMA stands for Exponential Moving Average, and it measures trend direction over a period of time.
If the price is below the EMA, the trend is bearish. But when it is above it, the trend is bullish. Therefore, as long as TIA stays above the threshold, the price can continue to increase.
Furthermore, the token is on the brink of breaking above the 50-day EMA (yellow) at $7.51. If bulls successfully breach this region, the next target for the token will be $8.07.
In addition, the Relative Strength Index (RSI) is at 51. The RSI measures momentum by measuring the speed and size of price changes.
Thus, since TIA’s RSI has surpassed the midpoint, momentum is bullish. If the RSI continues to rise, the value of the token may also follow in the same direction, with short-term targets between $8.07 and $9.16.
Celestia TIA price moves dynamicallyAfter a prolonged and almost without correcting fall, the #TIAUSDT price is growing no less spectacularly 🔝
🚨 Ahead, above, is the critical zone of $8.60-9.60:
1️⃣ fixing the LSE:TIA price above this zone can guarantee continued growth, at least to $13🔼
2️⃣ if #TIAUSD sellers start to aggress, then a correction to $5.25 is possible according to the red scenario 🔽
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