Celestia's TIA Stock Plummets 15% After Failing to Break Resistance
1min read Celestia's TIA stock experienced a significant drop on March 3, 2025, losing 15% of its value to reach $3.72. This decline occurred after the stock failed to break through the $4.50 resistance level, marking a crucial turning point in its recent price trajectory.
The day began with TIA establishing a range between $3.70 and $3.75. However, a MACD Golden Cross at 15:00 UTC triggered a strong upward price shift, pushing the stock towards the $4.50 resistance level. Despite the bullish momentum, the market demonstrated strong resistance at this point, leading to an upward trend reversal.
TIA's inability to hold above $4.50 indicated a lack of market strength among bulls, signaling a potential shift in market sentiment. As selling pressure increased, the stock entered a phase of decline, creating a resistance level through descending trendlines. This bearish trend was supported by a MACD Death Cross and RSI entering an oversold position, further confirming the downward momentum.
The market price movement now shows essential boundaries of resistance and support areas. The major resistance level sits at $4.50, with a minor resistance level at $4.10 - $4.15. The support areas in this zone are $3.70 - $3.75, and $3.50 represents the next support point. Future price movements will heavily depend on breakdowns and breakthroughs of these support and resistance levels.
Based on the Celestia price analysis, two potential paths for TIA's price movement have been identified. The bullish scenario involves the TIA price holding above $3.70, triggering a bounce towards $4.10 - $4.15. A MACD crossover and RSI recovery above 50 would confirm bullish momentum. However, the bearish scenario is more likely, given the current market structure and technical indicators, with TIA breaking below $3.70 and continuing the downtrend towards $3.50.
In conclusion, TIA continues to face bearish market conditions, as it has not yet recovered from its declining trend. Traders should monitor support pullbacks, trend line failures, and momentum indicator shifts to predict the next directional move. A market recovery exists while the bearish trend 