Aggressive sell orders alone cannot easily break through support below; a high-volume dip is often a better test of whether genuine buyers are present at lower levels.
$TIA The price briefly plunged to $0.5684 intraday, breaking below the $0.5715 lower bound of the range it had held over the previous four hours. However, it recovered before the period ended, closing at $0.5717.
Spot trading volume during the period rose to nearly $160,000, 1.5 times the previous baseline average, with aggressive selling accounting for nearly 70% of the total.
Even though most trades were initiated by sellers, the price was pulled back into its previous range, indicating that buy orders at lower levels effectively absorbed the selling pressure and that the decline did not turn into a disorderly sell-off.
$TIA The price briefly plunged to $0.5684 intraday, breaking below the $0.5715 lower bound of the range it had held over the previous four hours. However, it recovered before the period ended, closing at $0.5717.
Spot trading volume during the period rose to nearly $160,000, 1.5 times the previous baseline average, with aggressive selling accounting for nearly 70% of the total.
Even though most trades were initiated by sellers, the price was pulled back into its previous range, indicating that buy orders at lower levels effectively absorbed the selling pressure and that the decline did not turn into a disorderly sell-off.