"TIA Surges 10% to $3.43, Analyst Warns of Potential Drop to $1.50"

Celestia, represented by the ticker TIA, has surged by 10% in recent trading, reaching a price of $3.43 at press time. This increase reflects a 7.76% rise in the past 24 hours and a 7.22% increase over the past week. With a circulating supply of 520 million TIA, the project holds a market capitalization of $1.79 billion.

Crypto analyst Ali has suggested that TIA could fall to $1.50, citing key technical levels and market structure. The price movement comes as traders assess whether TIA can break resistance at $3.50 or face rejection, leading to further downside.

TIA is currently testing resistance at $3.50, a level that previously acted as strong support. If the price fails to hold above this mark, it may decline toward $2.70, which has served as a consolidation zone in past trading sessions. Further support levels were at $2.30 and $1.55, where buyers may step in if selling pressure increases. On the upside, a confirmed breakout above $3.50 could lead to price targets at $4.70 and $6.50, areas that previously acted as resistance.

The Parabolic SAR (Stop and Reverse) dots remained above the press time price, indicating that TIA was still in a bearish trend. However, if the price continues to rise, the SAR could flip below, signaling a possible trend reversal. The Relative Strength Index (RSI) was at 42.23, suggesting that the asset was recovering from near-oversold conditions. While this level reflected increasing buying pressure, it remained below the neutral 50 mark, indicating that sellers still have control. Meanwhile, the MACD histogram was showing decreasing red bars, indicating reduced selling pressure. The MACD line (-0.010) was nearing a bullish crossover with the signal line (-0.453), suggesting a potential weakening of downward momentum.

According to market activity and liquidation data, TIA's trading volume had increased by 19.62% to $221.74 million, while Open Interest was up 4.66% to $104.44 million, reflecting higher trading engagement. Liquidation data showed