TIA/USDT Keep an eye !! Could TIA make New ATH ?? Or break down 💎 TIA has undeniably garnered significant attention in the market. Presently, TIA has executed a flawless bounce from the support of the bullish trendline.
💎 If TIA successfully manages to break out of the resistance trendline, there is a plausible scenario where the price continues its upward trajectory, probability leading to the creation of a new all-time high within our target zone.
💎 Conversely, if TIA retraces to the support trendline and fails to rebound, or worse, breaks below the trendline, this could serve as a concerning signal. Such a development would imply a break in the prevailing trend, and the movement might revert to a downward trajectory. In this scenario, the price may experience a decline with a potential target in the support area ranging from 11.7 to 10.9.
💎 It's worth emphasizing that at the support level, a successful bounce that leads to the reclamation of the price above the bullish trend support is essential for sustaining an upward movement. However, if the price remains in a state of consolidation for an extended period, it may lose momentum and ultimately breach the support. In the event of such a breakdown, the price would confirm a bearish movement and potentially undergo further declines.
