The coin $TIA is seeing a pattern of violent, repeated liquidations ⚠️👇
The coin is in an ascending channel, and control shifts back and forth from time to time.
After major liquidations in short contracts, the coin has reached its final stop.
This is a pattern that has repeated many times with this coin.
Futures data shows that funding is still positive, which means long holders are paying shorts. This supports a downward scenario to put pressure on long positions.
The latest rise happened without liquidity—instead, it was fueled by free liquidity from the futures market, as before.
Liquidations of short contracts are followed by a strong rise, then a decline to pressure long positions.
The correction targets are:
0.5755/0.5374/0.5213
All the data points to a decline.
We may see a rise toward 0.62 to hit stop-loss levels, especially for short holders, so be careful of this move 👀
The coin is in an ascending channel, and control shifts back and forth from time to time.
After major liquidations in short contracts, the coin has reached its final stop.
This is a pattern that has repeated many times with this coin.
Futures data shows that funding is still positive, which means long holders are paying shorts. This supports a downward scenario to put pressure on long positions.
The latest rise happened without liquidity—instead, it was fueled by free liquidity from the futures market, as before.
Liquidations of short contracts are followed by a strong rise, then a decline to pressure long positions.
The correction targets are:
0.5755/0.5374/0.5213
All the data points to a decline.
We may see a rise toward 0.62 to hit stop-loss levels, especially for short holders, so be careful of this move 👀