🔍 TIA Analysis Update – Momentum Cooling or Support Bounce? 🔍
🧱 Celestia (TIA) is trading near $6.28, slightly lower than its previous tick. Price action remains inside a descending channel, with support retest still in play and momentum showing signs of fatigue.
📈 Technical Analysis
- Short-term trend: Bearish retest
- Support: $6.10
- Resistance: $6.55
- Pattern: Descending channel on 4H
- Volume: Flat, no breakout confirmation
- RSI: Near 50, neutral zone
- Outlook: Neutral to bearish unless volume spikes
📰 Market Data & News
- Current Price: $6.28
- 24h Change: +0.6%
- No major headlines; Celestia continues to lead modular blockchain infrastructure narratives
🔄 Scenario Breakdown
- Bullish Case: Bounce from $6.10 confirms continuation. TP: $6.85 / SL: $6.10
- Bearish Case: Breakdown below $6.10 confirms channel continuation. TP: $5.70 / SL: $6.55
📊 Sentiment Meter
📊 Neutral – Setup intact, but momentum fading
⚠️ Risk Level
🟡 Medium – Confirmation needed, volume weak
TIA #TheCryptoMalik
