TIA/USDT
Price has surged over 12%, signaling increased buying activity. The price is approaching the 200 EMA (blue), a key resistance level at $3.669, after reclaiming the 50 EMA (yellow) and 100 EMA (green). This suggests growing bullish momentum, but a decisive breakout above the 200 EMA is needed for confirmation.
RSI is at 72.79, entering overbought territory, indicating potential exhaustion. The MACD histogram is rising, with the MACD line crossing above the signal line, confirming bullish momentum. However, price rejection near resistance could trigger short-term selling pressure.
Key support levels are at $3.269 and $3.138, while a successful breakout above $3.669 could open the path toward $4.00. Volume confirmation will be crucial for sustaining the breakout.
Outlook remains cautiously bullish. A break and hold above $3.669 could trigger further upside, while rejection at resistance may lead to a pullback towards support. Traders should monitor volume and RSI cooling before considering new entries.