🚀 TIA Ready for Lift-Off? Key Levels to Watch & Entry Strategies! 📈

Hey Guys! Looking at the daily chart of $TIA we can see some interesting setups brewing. Let's dive into the indicators and the price action for a clear overview! 🔍

1️⃣ Price Action:
After hitting a low of $3.722, TIA has started to show signs of a potential rebound. The price is now pushing above the 50-day EMA ($5.02) but still below the 200-day EMA ($7.91), indicating a mixed momentum. 📈

2️⃣ Volume:
There’s a notable increase in volume accompanying this price action, which is a good sign for a potential breakout. We might see more buyers stepping in if the resistance at $5 is successfully cleared. Keep an eye on volume spikes as they may indicate stronger momentum! 🚀

3️⃣ MACD:
The MACD is still in negative territory but showing signs of convergence. This could be a signal that the bearish momentum is slowing down, and a bullish crossover could be on the horizon. Traders could use this as a confirmation for an upcoming upward move. 🟢

4️⃣ RSI:
The RSI is currently around 55, which places it in neutral territory but leaning toward the bullish side. The current level indicates that TIA is not yet overbought, giving room for further upside potential. A dip in RSI below 50 would call for caution. ⚖️

📌 Entry Point: A good entry would be around the current price of $4.7, as it nears a potential breakout above the 50 EMA. A safer entry would be above $5 to confirm the breakout.

💰 Take Profit Targets:

First target: $6 (local resistance)

Second target: $7.90 (200 EMA resistance)

Long-term target: $9.50 (psychological barrier)

🔻 Stop Loss: To protect against downside risk, place a stop-loss below $3.72 (recent low), or tighten it to $4.20 to limit exposure.

⚠️ Risk Management is key here—ensure your position size aligns with your risk tolerance! Let’s keep an eye on volume and those key resistance levels to see if TIA breaks out of this consolidation. 📈💪

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