Taking Long in $TIA
Based on the TIA/USDT daily chart here are some key technical observations:
1. Current Price & Trend
Current Price: 2.696 USDT
24h Range: 2.611 – 2.785
The price recently rebounded from a low of 2.146 USDT.
It’s now facing resistance near the MA(7) and MA(25) levels, and is still below the long-term MA(99) (which is at 3.229 USDT) – indicating the overall trend remains bearish.
2. Moving Averages (MA)
MA(7) = 2.818 (above current price — short-term resistance)
MA(25) = 2.602 (currently acting as support)
MA(99) = 3.229 (long-term resistance zone)
3. MACD
MACD Histogram is green, indicating short-term bullish momentum.
However, the DIF (MACD Line) and DEA (Signal Line) are still close to zero and converging — suggesting the bullish momentum may be weakening.
4. RSI (Relative Strength Index)
RSI = 43.728 – Below 50, which is still in the bearish to neutral zone. It also appears to be turning downward.
Entry Suggestion:
Wait for a Clear Confirmation. Two possible entry strategies:
A. Conservative Entry (Lower Risk):
Wait for a breakout above MA(7) (~2.82) with good volume.
Confirmation of an uptrend would be breaking the 2.85–2.90 zone.
Set stop-loss near 2.60.
B. Aggressive Entry (Higher Risk, Earlier Position):
Enter near current price (2.696) if RSI stabilizes and price holds above MA(25) (2.602).
Watch for bullish candle patterns or volume increase.
Stop-loss: Below 2.60 or even 2.50 for more margin.