TIAUSDT: broke out of triangle pattern!!Join our community and start your crypto journey today for:
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Let's analyse TIAUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
Celestia (TIA) is a pioneering blockchain network designed to empower developers to create their own custom blockchains with minimal effort. By separating consensus and execution, Celestia offers unparalleled scalability and flexibility. This innovative approach opens up new opportunities for developers to build groundbreaking applications and services on the blockchain.
TECHNICAL ANALYSIS:
TIAUSDT has shown strong bullish momentum.
The price has successfully broken out of a triangular pattern, confirming a potential uptrend.
Key technical indicators support this bullish outlook:
The 50-day and 100-day moving averages are providing support, indicating a healthy price structure.
The MACD has experienced a bullish crossover and is entering a buying zone, further reinforcing the upward trend.
For spot trading: consider buying at the current market price and averaging down if it drops into the green channel.
Target Levels:
$8.2
$11.9
$15.1
$20.0
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Happy Trading!!