Celestia ($TIA) has caught market attention after the TD Sequential indicator flashed a strong buy signal on the 4-hour chart. Traders and analysts are now watching closely as this indicator historically predicts trend reversals with significant accuracy. If the current $6.55 support level holds, $TIA could rebound to $7.32 and potentially even $8.36, signaling a shift toward bullish momentum.
The TD Sequential indicator presents a buy signal on the #Celestia $TIA 4-hour chart, anticipating a rebound to $7.32 or even $8.36 if the $6.55 support holds. pic.twitter.com/u8OsVue7UA
— Ali (@ali_charts) December 14, 2024
According to crypto analyst Ali Martinez, The TD Sequential indicator is a popular technical analysis tool used to identify potential reversals in market trends. On Celestia’s 4-hour chart, the indicator recently presented a buy signal marked by the completion of a nine-candle sequence, suggesting that selling pressure is waning. This pattern typically hints at the start of a new upward movement, particularly when aligned with a critical support level such as $6.55.
If buyers respond positively to this signal and hold the current support, Celestia could witness a strong rebound. The first key target is set at $7.32, a price point that traders view as a short-term resistance. A break above this level could further fuel bullish momentum, paving the way for $8.36 as a higher target in the near term.
he $6.55 support zone is now the focal point for Celestia’s price movement. Holding this level is crucial to confirming the TD Sequential’s bullish prediction. A breach below this support could invalidate the buy signal, exposing $TIA to further downside risks. However, with current market sentiment beginning to show signs of stabilization, traders remain optimistic that the support level will hold.
Market participants are particularly focused on volume trends as a key confirmation factor. An increase in trading volume would indicate growing confidence in the rebound, further validating the buy signal.
Celestia’s Pivotal Moment: Price Targets and Market Outlook
Should the $6.55 support remain intact, Celestia’s price could first target $7.32. This level represents a short-term resistance where traders may look to take initial profits. Breaking through $7.32 would likely propel $TIA further toward $8.36, a level that could signify a more sustained bullish breakout.
Technical analysis also suggests that a move to these targets aligns with historical trends where TD Sequential signals have accurately marked upward price movements. Analysts are watching closely for bullish confirmation candles and continued buying pressure.
Celestia’s current price action has sparked renewed interest among traders, particularly as the broader market stabilizes. The TD Sequential’s accuracy in signaling reversals adds weight to the bullish outlook, with many traders considering this an opportunity to enter long positions.
Despite recent sell-offs, Celestia’s fundamentals and growing adoption in the blockchain space have contributed to its resilience. If the predicted rebound materializes, $TIA could regain investor confidence and outperform in the short term.
The TD Sequential buy signal on Celestia’s 4-hour chart has brought renewed optimism to the market. If the $6.55 support level holds, $TIA could rebound to $7.32 and even $8.36 in the coming sessions. The combination of strong technical indicators, critical support levels, and market sentiment positions Celestia at a pivotal point. Traders will be closely monitoring for confirmation, as a bullish rebound could mark the start of a significant upward trend.
