Technical Analysis $TIA June 3, 2024

Celestia (TIA) has been sustaining above the moving averages for the past few days, showing that bulls are attempting to initiate a new rally.

The moving averages have completed a bullish cross and the RSI is in positive territory, signaling that buyers have the advantage. Buyers will have to push the price above the $12.02-$12.90 zone to indicate the start of a new rally. The TIA/USDT pair could rise to $15.50 and then $18.50.

If the buyers fail to push the price above the upper zone, this shows that the sellers are operating at higher levels. A break below the moving averages could keep the pair in range for a while longer.