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TIA fell 11%, triggering a large amount of funds to get on board. Breaking through the key resistance level is expected to rebound by 30%.
[Coin World] The Token TIA of Celestia has fallen by 11% in the past 24 hours, affected by the decline in Bitcoin prices and geopolitical tensions. However, investors view this decline as a buying opportunity, resulting in significant capital inflow. According to data from the data platform, there was a net purchase of approximately $401,000 for TIA in the past 24 hours, with a total weekly net purchase reaching $6.94 million, marking the highest level in three weeks. The funding rate in the derivatives market is positive, indicating that traders still maintain a bullish attitude. On-chain indicators such as the accumulation/distribution line and the money flow index also show an enhanced buying trend. Technical analysis points out that TIA is currently at a key support level in a descending channel, a position that has historically triggered rebounds multiple times. If it can break through the two resistance levels of $1.606 and $1.732, the price is expected to rise to $1.834, an increase of about 30%. Otherwise, the price may remain volatile, waiting for new momentum to appear.