🚀 Celestia (TIA) Breakout Sparks Optimism: Can It Hit $12.08? 🚀

Celestia (TIA) has captured the market's attention with a bullish breakout above the critical resistance level of $7.34, signaling a potential trend reversal. Traders and investors are now eyeing a possible surge to $12.08, sparking excitement in the crypto community.

🔍 Key Highlights

📈 Price Surge: TIA's price jumped by 16.28%, accompanied by a massive 152% spike in trading volume, reaching $1.28 billion in the past 24 hours.

📊 Market Cap: TIA's market cap has grown by 16.9%, hitting $3.14 billion, reflecting renewed investor confidence.

🚀 Breakout Momentum: After months of being trapped in a descending channel, TIA’s breakout above $7.34 indicates a potential rally toward the next target of $12.08, provided the bullish momentum continues.

🔗 Why is TIA Gaining Attention?

1️⃣ Social Dominance: TIA’s social dominance rose from 0.137% to 0.211%, showing increased community interest. More engagement often fuels price momentum.

2️⃣ Liquidations: On November 24, over $1.19 million in liquidations were recorded, with bearish short positions contributing $605,000. The invalidation of short positions strengthened buying pressure.

3️⃣ Open Interest Surge: Futures Open Interest has increased by 21.19%, reaching $373.91 million, signaling growing participation and confidence in the rally.

📉 What to Watch For

If TIA maintains its position above $7.34, it could pave the way for further gains toward $12.08. However, traders should monitor critical support levels and manage risks as market conditions evolve.

---

👉 Is TIA on track to hit $12.08? Let us know your thoughts in the comments below!

❤️ Like, Comment, Follow, and Tip to support more insights like this!

🔗 @Vikasjangracrypto