$TIA Coin Analysis 🔥: Strong Rise Expected 🚀
Note: This is not an investment advice, this is for information sharing and information only.
TIA/USDT is witnessing a remarkable technical setup. Here are the highlights:
Chart Analysis
1. Bearish Chord:
The price is moving within a bearish chord pattern, reflecting a decline in bearish momentum and the possibility of an imminent bullish breakout.
2. Resistance and Support Areas:
Resistance: $6.50 - $7.00. Breaking this level means a change in momentum to a strong rise.
Support: $4.00 - $4.50. Breaking this level eliminates the chances of a rise.
3. Chord Top:
The price is approaching the top, which enhances the possibility of a big move ahead.
Possible Scenarios
Bullish:
A breakout above $7.00 could push the price towards targets:
$10.00: A key psychological level.
$12.00: Previous resistance.
$14.00: If the bullish momentum continues.
Bearish:
A rejection of the price at $7.00 could lead to a pullback towards $4.50.
A break of the support at $4.00 could push the price to $2.00.
Trading Notes
Confirmation: Wait for a confirmed breakout with high volume.
Risk Management: Place a stop loss below $4.00.
Targets: Set take profit points at $10.00 and $12.00.
Final Thoughts
TIA/USDT is at a critical moment, where a breakout could lead to significant profit opportunities. However, technical analysis requires discipline and risk management.
Share your opinion: Do you expect a breakout soon?