#tia $TIA

TIA (Celestia) Price Analysis & Prediction – Can It Recover From the Dip?

Current Price: ~$2.531

24h Change: -1.6%

Market Cap: ~$470M (approx)

Volume (24h): $55M

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Technical Snapshot:

Celestia (TIA) has experienced significant correction from its highs, now trading near support levels last seen in early Q1 2024. The price is hovering near the bottom of a descending wedge pattern, often a sign of a potential reversal if volume increases.

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Key Levels to Watch:

Bullish Breakout Zone:

$2.80 – A breakout above this resistance could push TIA toward $3.40, with a possible rally to $4.10 if momentum builds.

Bearish Breakdown Zone:

$2.30 – A drop below this crucial support could lead to a slide toward $2.00, and in extreme bearish cases, $1.60.

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Short-Term Price Prediction:

Bullish Scenario: If TIA can hold above $2.30 and reclaim $2.80, a relief rally to $3.40 is possible.

Bearish Scenario: Continued weakness and a breakdown under $2.30 may trigger another leg down toward $2.00.

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Market Sentiment:

Currently cautious. While long-term fundamentals for Celestia remain strong due to its modular blockchain innovations, short-term sentiment is risk-averse amid broader market pullbacks.

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Disclaimer:

This article is not financial advice. Cryptocurrency investments are volatile and carry risks. Always do your own research before making trading decisions.