$TIA Dead Cat Bounce or Real Reversal❓❓
Bears May Bite Back...
$TIA has made a strong upward recovery from the 1.310 low, but current 4H candles are showing signs of exhaustion right below previous resistance near 1.68–1.71. A lower high may be forming — a potential trap for late bulls.
Short Trade Setup:
• Entry Zone: 1.62 – 1.64 (on weak bounce)
• TP1: 1.53
• TP2: 1.44
• Stop Loss: 1.70 (above recent high wick)
Market Insight:
Despite the bullish push, the macro structure remains bearish with lower highs and an overall downtrend visible on higher timeframes. Volume is decreasing as price climbs, hinting at a lack of conviction. If this bounce fades, it opens up space for another leg down a classic dead cat bounce scenario.