#AltcoinETFsPostponed
TIA/USDT
Current Price: $2.71
Trend: Weak recovery but facing resistance at EMA-25
RSI (25): 46.38 → Slightly bearish-neutral (neither oversold nor overbought)
Recent High: $3.80
Support: $2.60 – $2.42 zone
Resistance: $2.75 – $2.90 zone (EMA rejection area)
Trade Outlook
Buy Now?
• Caution: Price is currently rejecting at the EMA-25, and volume is not strong.
• A small position could be taken only if you’re planning a short-term scalp or bounce trade from current levels.
• Better to wait for confirmation above $2.75 with volume if you want a safer entry.
Trade Setup
Entry (if you buy now): $2.71
Take-Profit (TP) Levels
• TP1: $2.90 (near recent resistance)
• TP2: $3.15 (next major level)
• TP3 (optional): $3.50+ (only if momentum is strong)
Stop-Loss (SL):
• SL1 (tight): $2.60 (below recent low and local support)
• SL2 (looser): $2.42 (major support zone, safer but wider stop)
Risk/Reward (TP1 vs SL1):
• Gain: $2.90 – $2.71 = $0.19
• Loss: $2.71 – $2.60 = $0.11
• Risk/Reward ~ 1.7 → Acceptable
Summary
• Short-term play: Yes, with tight stop-loss and modest expectations.
• Conservative plan: Wait for a breakout above $2.75 with volume.
• Aggressive entry: Buy now, TP at $2.90, SL at $2.60.