For Celestia cryptocurrency (TIA), at the current price of $8.30 (12/08/2024), technical analysis indicates the following important support and resistance levels:
Low of the day 12/8/24 (4h) - $8.14
Support levels:
$7.50 – A first level of local support that was recently tested during the consolidation period.
$6.80 – Major support from previous sessions associated with TIA's initial rise after the release.
Resistance levels:
$9.20 – A critical level, which represents the threshold for a short-term bullish breakout.
$10.50 – A top resistance, reached in previous price rallies.
Context:
Overall Trend: TIA is on an upward trend, benefiting from investor attention due to its applications in modular blockchain ecosystems, such as collaboration with Polygon Labs for data availability solutions.
Volumes: Trading volume remains high, signaling continued interest from investors
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For a more detailed analysis, you can follow the price evolution using indicators such as moving averages (MA), RSI or Fibonacci levels. You could include this data in your Binance community post to attract engagement and support in cryptocurrencies. If you need help with post structure, let me know!
For this week:
Weekly High: $9.22, reached in the last 7 days, being close to the coin's all-time high
Weekly low: $7.26, the lowest level recorded during this period
This information can be useful for trading strategies or short-term technical analysis. If you want additional details or to include them in an article, you can let me know!