$TIA Surged 30% — Is a 10% Correction Coming Next?
Celestia has gained more than 30% over the past 24 hours, but the rally is now entering an important resistance structure.
On the 4-hour timeframe, TIA has moved into the Heavy Resistance Zone ($0.625-$0.783) and is also approaching the Cumulative Short Liquidation Leverage ($0.720-$0.746).
After such a strong move, I expect selling pressure to potentially increase from this area.
My first downside target is the key $0.65 trading level, which would represent a correction of around 10%.
If bearish momentum strengthens, TIA could extend lower toward the Support Zone ($0.600-$0.634).
The $0.600 trading level would then become especially important, as a breakdown below it could significantly weaken the short-term structure.
For now, the reaction from the current Heavy Resistance Zone and Short Liquidation area will determine whether TIA can extend its rally or enter a deeper corrective phase.
What comes first for TIA?
🟢 Breakout above the Heavy Resistance Zone
🔴 Correction toward $0.65-$0.60
Celestia has gained more than 30% over the past 24 hours, but the rally is now entering an important resistance structure.
On the 4-hour timeframe, TIA has moved into the Heavy Resistance Zone ($0.625-$0.783) and is also approaching the Cumulative Short Liquidation Leverage ($0.720-$0.746).
After such a strong move, I expect selling pressure to potentially increase from this area.
My first downside target is the key $0.65 trading level, which would represent a correction of around 10%.
If bearish momentum strengthens, TIA could extend lower toward the Support Zone ($0.600-$0.634).
The $0.600 trading level would then become especially important, as a breakdown below it could significantly weaken the short-term structure.
For now, the reaction from the current Heavy Resistance Zone and Short Liquidation area will determine whether TIA can extend its rally or enter a deeper corrective phase.
What comes first for TIA?
🟢 Breakout above the Heavy Resistance Zone
🔴 Correction toward $0.65-$0.60