$TIA spiked to $0.48 then gave it ALL back — the breakout that died before PPI
Source: Binance spot + Finnhub, 04:00 UTC; Nvidia exit reports via AsiaToday
I watched this one all night and it stung. TIA ripped from $0.3976 to $0.48 yesterday — a 20% spike on the breakout story — then closed at $0.4075 and sits at $0.413 now. The whole move, gone.
No fresh Celestia news drove it. The read from derivatives data cited by CoinMarketCap is leverage and a short squeeze, open interest up about 22%. Then the market pulled the rug: reports of Nvidia CEO Jensen Huang stepping down dragged risk assets, and $BTC just broke $69,000 to $68,528, a fresh low.
I'm leaning bearish on the breakout, not on TIA itself. $0.3976 is the line — yesterday's low. Break it and $0.3688, the old range top, is next. Reclaim $0.44 and the $0.48 story lives again. PPI lands 13:30 UTC today (expected +0.4%) and decides which one we get.
If $TIA loses $0.3976, do you buy the dip or wait for a $0.44 reclaim?
Not financial advice. DYOR.
#TIA #CryptoNews #PPI
Source: Binance spot + Finnhub, 04:00 UTC; Nvidia exit reports via AsiaToday
I watched this one all night and it stung. TIA ripped from $0.3976 to $0.48 yesterday — a 20% spike on the breakout story — then closed at $0.4075 and sits at $0.413 now. The whole move, gone.
No fresh Celestia news drove it. The read from derivatives data cited by CoinMarketCap is leverage and a short squeeze, open interest up about 22%. Then the market pulled the rug: reports of Nvidia CEO Jensen Huang stepping down dragged risk assets, and $BTC just broke $69,000 to $68,528, a fresh low.
I'm leaning bearish on the breakout, not on TIA itself. $0.3976 is the line — yesterday's low. Break it and $0.3688, the old range top, is next. Reclaim $0.44 and the $0.48 story lives again. PPI lands 13:30 UTC today (expected +0.4%) and decides which one we get.
If $TIA loses $0.3976, do you buy the dip or wait for a $0.44 reclaim?
Not financial advice. DYOR.
#TIA #CryptoNews #PPI
