$TIA Trade type: Short🔴
🔴Entry point: 5.55 (nearest strong resistance, also confirmed by volumes and candlestick patterns).
SL: 5.69 (slightly above the last resistance high of 5.626, to protect against false breakouts).
TP: 5.16 (support level, from which rebounds have already occurred, as confirmed by data for the last two days).
Leverage10x
📌The decision to enter short was made based on a number of factors:Resistance at 5.62 (maximums of the last 12 hours).Overbought on RSI and weak MACD on the 4h timeframe.Trading volumes show that there is significant liquidity at levels 5.50 - 5.62, which may lead to a pullback.Fibonacci levels (on the weekly timeframe) and support/resistance analysis confirm that the price is likely to return to 5.14.#TIAUSDT #TIA/USDT #tia
👇Open trade