- Celestia’s falling wedge and MACD bullish divergence signal a potential reversal, eyeing a breakout to $1.90.
- Despite bearish resistance at $1.889, TIA holds above $1.602, hinting at a possible 17% rally to $1.89.
- Consolidation at $1.648 on TIA’s 4-hour chart suggests building momentum for a critical move past $1.75.
Tracking market trends, Celestia(TIA) is displaying bullish reversal signs, with technical indicators pointing to upward momentum. On price action, analysts observe a falling wedge pattern and bullish divergence that may signal a breakout.
Bullish Patterns Emerge
Analyzing the 4-hour chart, TIA trades at $1.648, rebounding from a $1.57 support zone. This consolidation signals potential breakout energy. Technical indicators reveal a shift in market control.
Market Spotter, a technical analyst, identifies a falling wedge on TIA’s 4-hour chart. According to Market Spotter, this pattern, paired with bullish MACD divergence, suggests a reversal. The MACD histogram shows rising momentum despite TIA printing lower lows.
Spotter notes the MACD line nears a bullish crossover at -0.055. This divergence indicates weakening bearish pressure on TIA. The analyst predicts a breakout could drive TIA to $1.90. Each bounce from the wedge’s lower trendline sparks short-term rallies. Spotter emphasizes that sustained buying could push TIA past $1.75.
Bearish Resistance Persists
BullishBanter, another technical analyst, has provided additional insights into TIA’s price action. The analyst observes a bearish structure after a rejection at $1.889. TIA now consolidates above a $1.602 low.
Tracking historical price behavior, TIA peaked at $2.465 before dropping 23.93% to $1.668. BullishBanter highlights a supply zone at $2.218–$2.315 as a key barrier. After a 17.36% rally to $1.889, TIA faced renewed selling pressure. The analyst points out repeated failures to break $1.889 reinforce bearish control. Overhead resistance at $2.046–$2.382 poses further challenges for TIA. BullishBanter suggests a hold above $1.66 could spark a 17% move to $1.89. If buyers falter, TIA may retest $1.60. The analyst stresses the $1.602 level as critical for recovery.
Analysts are monitoring TIA closely, with bullish divergence and bearish resistance shaping a pivotal moment. Keywords: TIA, falling wedge, bullish divergence, MACD, breakout, resistance, support, price action, consolidation, reversal, momentum, supply zone, demand zone. Power words: critical, pivotal, signals, sparks, drives, reinforces. The analysis carries a cautiously bullish direction.
