A -91% yearly chart doesn't bounce. It bleeds.
$TIA /USDT — Relentless Downtrend Continues 📉
Down -91% in a year and still making new lows. The tiny bounce is getting rejected at the EMA(7). Every moving average is a wall of resistance. This isn't a bottom; it's a falling knife in slow motion.
🔴 SHORT SETUP
📌 Entry Zone:
0.3700 – 0.3750
🎯 Targets:
🥇 TP1: 0.3550
🥈 TP2: 0.3487 (24h Low)
🥉 TP3: 0.3400
🛑 Stop-Loss:
0.3800 (Above the EMA(7) and recent high)
Why This Could Work (trader logic only)
✅ Macro Carnage: A -91% yearly downtrend doesn't reverse on a whim. The trend is your friend.
✅ Weak Bounce, Strong Resistance: The EMA(7) is already capping price. Heavier EMAs loom above.
✅ No Bullish Catalyst: The narrative is dead. This is a "sell the rip" asset until proven otherwise.
⚠️ Important Rule:
Wait for price to show rejection at the EMA and start rolling over. A break above 0.3800 could trigger a short squeeze towards the next resistance. This is a trend-following short on a dying asset. Patience is key.