TIA drops as weak momentum takes hold

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Celestia drops 8.13% to $0.3549 today

Highlights

Celestia has lost over 98% of its value since its February 2024 peak, severely impacting investor confidence and sentiment.
Falling trading volume has reduced liquidity, leaving the token increasingly prone to additional selloffs amid ongoing negative sentiment.
Price remains under sustained bearish pressure, trading below key averages and likely to move within a $0.3435–$0.3663 range barring a break of $0.3725 resistance.

Historic drawdown deepens as confidence wanes and liquidity dries up

According to Diariobitcoin, Celestia has extended a pronounced long-term downtrend, losing over 98% of its value since reaching an all-time high in February 2024. This historic decline has eroded investor confidence and continues to weigh heavily on market sentiment. Additionally, trading volume has decreased, contributing to reduced liquidity and greater vulnerability to further selloffs.

Bearish signals intensify as oscillators and averages turn negative

On the technical front, TIA/USD is trading below the MA-20 at $0.367 and MA-50 at $0.3809 on the hourly chart, as well as beneath the MA-200 at $0.383 on the daily timeframe. The Ichimoku Kijun level at $0.3725 forms immediate resistance. On the hourly chart, the Moving Average Convergence Divergence (MACD) and Average Directional Index (ADX) confirm bearish momentum, while the Relative Strength Index (RSI), Commodity Channel Index (CCI), and Stochastic RSI all register in oversold territory. A Bull/Bear Power Sell signal supports persistent seller dominance, while the Awesome Oscillator is neutral and does not reinforce the ongoing downside pressure.

Limited rebound potential as downside risks dominate short-term trade

In the next two to three trading days, TIA is expected to trade within a range between $0.3435 and $0.3663, reflecting typical volatility from current levels. The probability of an upward reversal is considered very low, with a higher likelihood of continued downside momentum. A bullish scenario would require a sustained break above the $0.3725 resistance, whereas a clear bearish extension could develop if the support at $0.3435 fails.

Anton Kharitonov, expert at Traders Union, notes sustained technical and sentiment weakness in Celestia after its 98% drawdown since February 2024. Declining trading volumes and persistent lows below major moving averages show a clear lack of support or buying interest. Key resistance at $0.3725 limits bullish scenarios, and a breakdown below $0.3435 would reinforce downside risk. "Market sentiment remains negative with no visible catalyst for recovery—in my view, only a decisive reclaim of lost support could signal a tactical shift."

Earlier, analysts noted that Celestia was entrenched in a persistent downtrend with oversold technical conditions and limited prospects for a bullish reversal. This latest decline and continued seller dominance reinforce the prevailing bearish scenario, making a sustained move above $0.3725 the key threshold for any potential upside shift.

Source of Data: TIA Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.