$TIA is testing momentum as volume shifts against recent range highs.
Trading at $0.5836, the asset shows a 6.55% daily gain. However, hourly volume has cooled significantly to 0.22x of the 23-hour average. The asset is currently consolidating between the 23-hour low of $0.5442 and high of $0.6333.
A sustained move above $0.6333 may signal renewed buying interest. Conversely, failing to hold the $0.5442 floor could invalidate the recent bullish structure. Will a breakout above the range high attract enough volume to sustain this move, or is a retest of the low inevitable?
Tap $TIA for the live chart. #TIA #BinanceSquare
Trading at $0.5836, the asset shows a 6.55% daily gain. However, hourly volume has cooled significantly to 0.22x of the 23-hour average. The asset is currently consolidating between the 23-hour low of $0.5442 and high of $0.6333.
A sustained move above $0.6333 may signal renewed buying interest. Conversely, failing to hold the $0.5442 floor could invalidate the recent bullish structure. Will a breakout above the range high attract enough volume to sustain this move, or is a retest of the low inevitable?
Tap $TIA for the live chart. #TIA #BinanceSquare