$TIA ’s direction looks quite smooth, but trading volume is casting doubt on this move.
This time, I’m not looking at the gainers and losers list, only the levels. The current price is 0.5814, about 12.49% away from the 1-hour support at 0.5088 and about 8.93% away from the resistance at 0.6333.
My criteria are simple: only a breakout above 0.6333 followed by continuation would count as an upside follow-through; a break below 0.5088 invalidates the original view. The 1-hour trend is relatively strong, as is the 4-hour trend, with RSI at 42 and 74, respectively.
The issue now is not a slogan ab