Celestia Gains 6%, Eyes $5 Resistance
Celestia $TIA rose over 6% in the last 24 hours, recovering after two days of losses. Despite being in a bearish trend, the token's momentum has traders optimistic.
Key Support at $4
TIA is struggling to break out of a falling wedge pattern but found strong support at $4. Bulls may soon challenge the $5 resistance level, with TIA currently trading at $4.24.
Upcoming Token Unlock
An upcoming token unlock on October 31 could increase supply, impacting prices. Over 174 million tokens ($175 million) will be unlocked, possibly affecting staking rewards.
Outlook
For a bullish reversal, TIA needs to break through $5 resistance. Support levels lie at $4.20 and $3.80, while resistance is at $5 and $5.30.
