🐳 $TIA 4-hour death cross. A few thoughts from a positioning perspective:
Bullish momentum bars have appeared for 12 consecutive 4-hour candles, showing that buyers have consistently been in control during this period. But chasing the rally now is starting to look late. After the rise, quite a few positions are sitting on unrealized gains, so watch whether large holders use the rebound to reduce their positions.
What’s your first take?
#TIA
Bullish momentum bars have appeared for 12 consecutive 4-hour candles, showing that buyers have consistently been in control during this period. But chasing the rally now is starting to look late. After the rise, quite a few positions are sitting on unrealized gains, so watch whether large holders use the rebound to reduce their positions.
What’s your first take?
#TIA