$TIA /USDT Trading Signal - Consolidation Ahead?
Current Price: $5.511 (+1.16%)
24h High: $5.707
24h Low: $5.393
24h Volume: 4.58M TIA
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Market Overview
$TIA is showing signs of minor retracement after reaching a high of $5.707. Price action indicates possible consolidation with buyers defending the $5.50 level. Volume remains relatively low, suggesting a potential breakout soon.
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Trading Plan (1H Timeframe)
Bullish Scenario:
Entry Zone: $5.50 - $5.55
Targets:
T1: $5.65
T2: $5.80
T3: $6.00
Stop Loss: $5.35
Bearish Scenario:
Entry Zone: Below $5.40
Targets:
T1: $5.25
T2: $5.10
Stop Loss: $5.60
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Technical Insights
MACD: Bearish divergence, signaling caution for long positions.
RSI: Neutral zone, suggesting indecision in the market.
Support Levels: $5.40 and $5.25.
Resistance Levels: $5.65 and $5.80.
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Strategy Recommendations
Consider entering long positions if $5.55 holds as support.
Tighten stop-loss levels if the price falls below $5.50.
Monitor for a bearish breakdown below $5.40 to enter short positions.
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