TIA price is finally showing signs of waking up after months of grinding lower. The price has just broken out of a descending channel on the daily chart, a pattern that’s kept it in a downtrend since late 2023.
According to analyst Butterfly, the setup looks “textbook perfect,” with the long accumulation phase possibly coming to an end. If momentum holds, he thinks TIA price could run straight toward $5.50, almost a 3x move from where it’s trading now.
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What the Celestia Chart Is Telling Us
For months, TIA price has been stuck, making lower highs and lower lows inside a clearly defined descending channel. Every bounce since December 2023 hit the upper trendline and rolled over again, keeping sentiment muted.
But now, things are changing. The latest breakout has pushed Celestia price above the upper channel boundary, and volume is starting to build.
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Image Source: X/Butterfly
That’s a big deal, not only because it shows buyers stepping in, but also because the breakout point lines up with an old resistance zone. If that area flips into support, it could be the launchpad for the rally Butterfly is talking about.
A move to $5.50 wouldn’t just break the downtrend; it would put TIA back in levels last seen during its stronger trading phases earlier in its history.
Why This Could Be the Start of Something Bigger
Breaking a descending channel often signals a major shift in market momentum, especially after a long period of sideways accumulation. The market has essentially been winding the spring tighter and tighter, and now that pressure is starting to release.
Of course, no breakout is guaranteed to hold. If Celestia price falls back into the channel, it could drag out the consolidation for weeks.
But if the breakout is confirmed with a successful retest and more volume, a rapid climb toward $5.50 could happen faster than most expect.
For now, the setup looks bullish, and after months of slow bleeding, TIA traders finally have a reason to pay attention again.
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The post Celestia (TIA) Price Breaks Out After Months of Bleeding – Top Analyst Calls for Potential 3x Rally appeared first on CaptainAltcoin.
