$TIA: Resistance Test Fails: Bearish Momentum Building Fast
SHORT SETUP TIA
Entry: $0.55300 - $0.56000
Stop Loss: $0.58000
Take Profit: $0.50950 (2R)
Key Levels: Support $0.48410 | Resistance $0.59420
Technical Analysis for $TIA: EMA9, EMA21 and EMA50 sit above price, confirming bearish trend. MACD histogram is negative and MACD line sits below its signal, reinforcing downside pressure. Price is near the 1H resistance zone, favoring a short bias. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is in a bearish 4hour trend and the broader market shows a largely negative breadth, supporting downside bias for altcoins.
SHORT $TIA
SHORT SETUP TIA
Entry: $0.55300 - $0.56000
Stop Loss: $0.58000
Take Profit: $0.50950 (2R)
Key Levels: Support $0.48410 | Resistance $0.59420
Technical Analysis for $TIA: EMA9, EMA21 and EMA50 sit above price, confirming bearish trend. MACD histogram is negative and MACD line sits below its signal, reinforcing downside pressure. Price is near the 1H resistance zone, favoring a short bias. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is in a bearish 4hour trend and the broader market shows a largely negative breadth, supporting downside bias for altcoins.
SHORT $TIA