$TIA Falling Within Bearish Channel – Reversal or Breakdown Ahead?

$TIA is currently trading at $1.729, showing a sharp decline of over 7% and forming a clear descending channel. The price is testing the lower boundary of this channel, which could lead to either a short-term bounce or further downside if support breaks. Traders should watch closely for a potential breakout or breakdown to confirm the next move. A bullish reversal from this zone may offer a solid long entry, while a breakdown could trigger further losses.

Trade Setup (Speculative Long):

• Entry Zone: $1.720 – $1.740

• Stop Loss: $1.695

• TP1: $1.775

• TP2: $1.820

• TP3: $1.860

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