⚖️ $TIA 1H: NO TRADE, sitting on a worn floor
📉 State: 0.4094 is below 1H EMA50 0.4249 / EMA200 0.4368 and 4H EMA50 0.4374. The bias is down, but price is sitting on the 0.3971-0.4052 floor (Nov 5, 8 and 11 lows).
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🔴 Bear case: a 1H close below 0.3971 opens 0.3743 (Sep 9 low), then 0.3659 (Sep 10 low).
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🟢 Bull case: a 1H close above 0.4227 (top of the Nov 12 breakdown candle) flips the near-term bias, with room to 0.4406 (Nov 11 high).
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🧠 Why no trade: shorting into a floor gives poor R. A short at 0.41 with the stop above the 0.4187 swing doesn't reach 1.5R before the floor. A floor tested 3+ times is wearing thin, so the cleaner play is waiting for the 0.3971 break and retest. ATR(14) on 1H: 0.0061.
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⚠️ Once a trigger confirms: risk 1%, stop beyond the nearest swing plus 0.3×ATR.
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Not financial advice. DYOR.
#TIA #Celestia #TechnicalAnalysis #Binance
📉 State: 0.4094 is below 1H EMA50 0.4249 / EMA200 0.4368 and 4H EMA50 0.4374. The bias is down, but price is sitting on the 0.3971-0.4052 floor (Nov 5, 8 and 11 lows).
⠀
🔴 Bear case: a 1H close below 0.3971 opens 0.3743 (Sep 9 low), then 0.3659 (Sep 10 low).
⠀
🟢 Bull case: a 1H close above 0.4227 (top of the Nov 12 breakdown candle) flips the near-term bias, with room to 0.4406 (Nov 11 high).
⠀
🧠 Why no trade: shorting into a floor gives poor R. A short at 0.41 with the stop above the 0.4187 swing doesn't reach 1.5R before the floor. A floor tested 3+ times is wearing thin, so the cleaner play is waiting for the 0.3971 break and retest. ATR(14) on 1H: 0.0061.
⠀
⚠️ Once a trigger confirms: risk 1%, stop beyond the nearest swing plus 0.3×ATR.
⠀
Not financial advice. DYOR.
#TIA #Celestia #TechnicalAnalysis #Binance
