Taking Long in $TIA

Based on the TIA/USDT daily chart here are some key technical observations:

1. Current Price & Trend

Current Price: 2.696 USDT

24h Range: 2.611 – 2.785

The price recently rebounded from a low of 2.146 USDT.

It’s now facing resistance near the MA(7) and MA(25) levels, and is still below the long-term MA(99) (which is at 3.229 USDT) – indicating the overall trend remains bearish.

2. Moving Averages (MA)

MA(7) = 2.818 (above current price — short-term resistance)

MA(25) = 2.602 (currently acting as support)

MA(99) = 3.229 (long-term resistance zone)

3. MACD

MACD Histogram is green, indicating short-term bullish momentum.

However, the DIF (MACD Line) and DEA (Signal Line) are still close to zero and converging — suggesting the bullish momentum may be weakening.

4. RSI (Relative Strength Index)

RSI = 43.728 – Below 50, which is still in the bearish to neutral zone. It also appears to be turning downward.

Entry Suggestion:

Wait for a Clear Confirmation. Two possible entry strategies:

A. Conservative Entry (Lower Risk):

Wait for a breakout above MA(7) (~2.82) with good volume.

Confirmation of an uptrend would be breaking the 2.85–2.90 zone.

Set stop-loss near 2.60.

B. Aggressive Entry (Higher Risk, Earlier Position):

Enter near current price (2.696) if RSI stabilizes and price holds above MA(25) (2.602).

Watch for bullish candle patterns or volume increase.

Stop-loss: Below 2.60 or even 2.50 for more margin.

$TIA #AbuDhabiStablecoin #BinanceAlphaAlert