Celestia (TIA) Price Analysis
Last week, Celestia (TIA) stock price rose sharply and the rally is expected to continue.
However, the stock retreated after reaching $7, falling to $6.09 on Saturday. The stock rebounded from this level and hit a high of $6.98 on Monday.
TIA failed to break above $7 again and fell to a low of $6.31 on Tuesday. Buyers pushed the price higher and TIA finally closed at $6.61.
Bearish sentiment continued to prevail on Wednesday, with TIA falling 4.99% to $6.28, and a 1.68% drop on Thursday saw the price fall further to $6.18.
In the current trading session, TIA has fallen slightly, but the price is still holding at $6.18. If the sellers can push TIA below the 20-day EMA and $6, we could see a significant drop to $5.
However, if it is able to rebound, it may retest the $7 resistance level.
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