$TIA has seen a significant price drop of -7.671% over the past 24 hours, reflecting a prevailing downtrend.
The 24h high of 2.206 and low of 2.006 show heightened volatility within the range of the Bollinger Bands.
With the upper and lower bands at 2.106 and 2.017 respectively, TIA is trading close to its lower band, suggesting potential overselling.
Support at 2.006 remains critical, while resistance is established at 2.135.
Macroeconomic factors, including inflation data and regulatory scrutiny, may further influence investor sentiment.
Bitcoin's undefined influence raises questions about correlation, indicating TIA may not be directly impacted by Bitcoin trends at this time.
Traders should adopt a short-term strategy to capitalize on volatility given the recent price actions.
Ultimately, it's important to monitor broader macroeconomic news for any significant impact on market movements.
