Attention, traders! 🚨 $TIA /USDT is at a critical point and we need to be extremely cautious. It seems like the bears are making their move with force!
📉 The current price at $2.153 shows us a significant drop of -13.95% in the last 24 hours. Watch out for that high of $2.521 and the low of $2.122! This screams "volatility ahead".
🐻 The downward trend is clear, with the price below all moving averages (MA7 at $2.172, MA25 at $2.258, and MA99 at $2.344). This is a signal that selling pressure is strong. Additionally, the 24-hour volume of 32.98M, while good, is not enough to counter this drop.
🛑 The level of $2.122, which is the 24-hour low, is key. If TIA breaks it decisively to the downside, we might see a sharper decline. Be very careful with market manipulation at these levels! Big players often look for liquidations below important supports.
🧐 The short-term indicators (7 and 30 days) show significant losses (-10.10% and -26.49% respectively), confirming the bearish sentiment. Patience will be key here! We could be facing a "wait and see" scenario or, for the riskier ones, looking for potential bounces in lower support areas, but always with a clear strategy and a defined stop-loss!
🤔 Could this be a pullback to seek liquidity or the start of a deeper correction? Market manipulation can make these movements seem stronger than they really are. It is vital not to get carried away by FOMO (fear of missing out) or FUD (fear, uncertainty, and doubt).
In summary, TIA/USDT is under pressure. Those trading intelligently will be watching for consolidation above $2.122 or will seek a break confirmation to consider new positions. Manage that risk and don’t fall into traps!
