A $97.3K long position in Celestia ($TIA ) was liquidated at $4.882, highlighting significant market volatility.
Celestia (TIA) is a cryptocurrency in the market.
Key Observations:
Current Price: TIA is trading at $4.88, reflecting a decline.
Support Levels: Immediate support is observed around $4.80; a breach could lead to a decline towards $4.50.
Resistance Levels: Resistance is noted at $5.00 and $5.50; surpassing these could indicate a bullish trend.
Market Sentiment: Recent price movements suggest a bearish trend, with $TIA underperforming compared to the global cryptocurrency market.
Next Move: A decisive move above $5.00 may signal a bullish reversal, while failure to maintain support at $4.80 could lead to further declines.
Recommendation: Given the current market dynamics, it's advisable to monitor TIA's price movements closely and consider implementing risk management strategies to navigate potential volatility.
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