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David Tevzadze
David Tevzadze

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📉 Celestia Crashes 11%, But Smart Traders Are Buying the Dip – Here’s Why

🟡 Celestia ( $TIA ) dropped 11% recently, continuing last month’s 8.49% decline. While it looks like a bearish breakdown, technicals suggest this may be a setup into a high-demand zone.

🔺 On the daily chart, TIA is nearing the lower edge of a symmetrical triangle—often a springboard for bullish reversals. A breakout above resistance could push TIA toward $4.16.

📊 The ADX, which tracks trend strength, is falling—hinting that sellers are losing momentum. Meanwhile, the MFI dropped below 40, signaling oversold conditions and potential accumulation.

đź’Ą Bulls are stepping in. Long-to-short ratios on Binance (2.72) and OKX (2.38) show strong long positioning. Futures volumes are also rising, with Binance leading at $240M.

🔥 As bearish pressure fades and leveraged traders turn bullish, TIA could be primed for a bounce—if volume keeps up the pace.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.

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