TIA/USDT Breakout the Bullish Flag. Ready to make new ATH!💎 TIA has recently achieved a breakout from the Bullish pennant pattern, marking a new all-time high. Presently, the chart indicates that TIA is undergoing a retesting phase at the resistance trendline. This retesting phase is crucial as it could probability lead TIA to extend its upward trajectory towards the maximum target area outlined by the pattern.
💎 However, should TIA retreat back to the trendline area and demonstrate an inability to sustain above it, this could signify a false breakout. In such a scenario, the likelihood of TIA reverting to a downward movement towards the support area increases. This potential reversal would indicate that the breakout momentum has not been sufficiently strong to maintain the upward trend.
💎 The key for TIA in this phase is to showcase a strong bounce off the resistance trendline and reclaim it as support. Such a move would reinforce the bullish outlook and could pave the way for continued upward movement. On the other hand, failure to achieve this bounce and reclaim the resistance could result in TIA shifting into a downward trajectory, with the support area becoming its next critical stop.
