$TIA token nears the year-to-date low at $3.72 amid mounting selling pressure and bearish indicators.

Technical indicators show $TIA facing resistance, with DMI signaling stronger seller control over buyers.

Rebound is possible if new demand emerges, aiming for key resistance levels at $5.06 and $5.33.

$TIA the native token of the modular blockchain network Celestia, has extended its downtrend, losing over 15% of its value in the past week. Currently, the altcoin is trading at $4.23, hovering near its year-to-date low of $3.72.

The sustained value drop and technical indicators suggest that Celestia’s price decline may continue in the short term. This analysis highlights the price targets the token holders need to look out for and why.

BeInCrypto’s assessment of the $TIA /USDT one-day chart shows that the coin’s double-digit decline over the past seven days has pushed its price below its Ichimoku Cloud.

This indicator tracks an asset’s market trends, momentum, and key support/resistance zones. When the price dips below it, it signals a bearish phase, indicating stronger downward momentum. In this case, the Cloud serves as a resistance zone, making it harder for the price to break back above without substantial buying pressure.