TIA has been undergoing a prolonged corrective phase but is now showing potential signs of a bullish reversal.
The daily chart suggests that the asset may have completed a W-X-Y-Z correction, establishing a strong demand zone around $2.67–$3.14.
Meanwhile, the hourly chart reflects an impulsive rebound with an initial five-wave structure, indicating a possible trend shift.
Fibonacci retracement and extension levels offer key insights into potential price movements.
TIA Price Analysis
The daily TIA chart highlights a significant corrective structure that unfolded as a complex W-X-Y-Z pattern following its peak at $22.
A series of lower and lower highs were established, with the price consistently rejected from the descending trendline resistance.
However, the asset has now revisited a historically significant support region between $2.67 and $3.14, where previous demand resulted in strong bullish reversals.
This support region aligns with key Fibonacci retracement levels, adding confluence to its potential as a local bottom. Moreover, during the daily timeframe, RSI hovers around oversold conditions, hinting at the possible exhaustion of the bearish momentum.
If this zone holds structurally, a bullish reversal could take shape. The next major resistance level stands at $5.65, a horizontal level where previous price rejections have occurred.
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A breakout beyond this level would confirm a trend reversal, signaling a potential larger rally.
However, failure to hold the green demand zone could trigger a deeper sell-off, potentially pushing TIA to lower untested levels. Until a decisive breakout occurs, the price remains within a broader downtrend.
TIA Price Prediction
The lower time frame reveals a developing five-wave impulse, indicating the early stages of a potential bullish breakout.
Following a corrective decline into the $2.67–$3.14 demand zone, TIA has started an impulsive wave, with sub-wave structures forming.
The recent wave count suggests that TIA has completed a leading diagonal and is recovering from a corrective a-b-c retracement.
Price action recently found support at the 0.618 Fibonacci retracement level ($3.14), further validating the demand zone.
If this recovery sustains momentum, key Fibonacci extensions provide logical upside targets. The 1.0 extension is $4.69, aligning with prior local highs.
Further resistance levels lie at the 1.618 ($5.94) and 2.0 ($6.72) Fibonacci extensions, coinciding with major historical resistance points.
A rejection from the descending trendline or a failure to clear the 0.618 retracement ($3.92) could lead to another corrective move.
The invalidation point for this bullish scenario is below $2.67—if the price falls beneath this level, a deeper decline could unfold.
Key Levels to Watch
- Immediate Support: $3.14 (0.618 Fibonacci retracement).
- Critical Support: $2.67 (bottom of demand zone).
- Immediate Resistance: $3.92 (0.618 Fibonacci retracement).
- Key Breakout Level: $5.65 (historical resistance).
- Bullish Target: $5.94–$6.72 (1.618–2.0 Fibonacci extension).
- Invalidation Zone: Below $2.67, signaling further downside potential.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
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