$TIA
🚨 Urgent analysis for #TIAUSDT - Critical movement at stake! 🚨
📉 Trend: Bearish 🔽
🔴 Sell entry zone: 0.565 - 0.555
🎯 Sell targets (expected drop):
1. 0.547
2. 0.530
3. 0.500
⛔ Stop loss: 0.595
· Current price (0.565) near the daily range low and trading below the SAR indicator (0.577), confirming the continuation of the drop.
· OBV indicator is strongly negative (-26.98M) bolstered by moving averages, indicating dominant selling and ongoing downward pressure.
· STOCHRSI at 73.5 in the overbought region, increasing the likelihood of a bearish reversal.
· MACD is positive but weak (DIF: 0.014) with diminishing upward momentum, and the current volume is below averages indicating weak buying interest.
🔍 Summary: Selling dominance is clear with downward targets towards lower levels, especially with a break below 0.547.
