💠 TIA — possible bounce from the lower boundary
The coin $TIA is trading in an expanding triangle. The price has currently tested the lower part of the formation at $1.724 and shows signs of being ready to bounce.
Key data:
📍 Current price: $1.772
🔼 Upper boundary of the triangle: $2.038
🔽 Lower boundary: $1.724
Possible targets for the bounce:
$1.855 — local resistance
$1.940 — average level within the triangle
$2.038 — upper boundary of the pattern
⚠️ If the price consolidates below $1.724, the bounce structure will be broken, and a decline to $1.65–1.60 is likely.
📊 The expanding triangle pattern can lead to either strong growth on an upward breakout or sharp decline on a downward breakout, so monitoring the level of $1.724 is key.