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- TIA’s price bounced back from $3.5839, forming higher lows and reflecting strong buying interest.
- A breakout above resistance signals bullish pressure and room for advancement.
- With demand maintained, TIA can break $21 to a new resistance line.
Celestia has demonstrated strong price action in the last 24 hours, showing strength even when faced with market volatility. The token was initially volatile but stabilized and kept increasing, exhibiting bull-run momentum.
Market Performance Overview
CoinMarketCap data reveal that the token began trading around $3.5839, facing initial selling pressure before being supported. Price later bounced back, forming higher lows, confirming persistent buying demand. A break above key levels sent TIA towards an intraday high of nearly $3.70 before registering minor corrections.
Source: CoinMarketCap
Volume was steady across the session, adding to market support. Spikes in volume were associated with price gains, confirming the aggression of advancing activity. Despite periods of retracements, the price stayed above the $3.60 level, showing good support and reduced pressure selling.
The price action is a bullish continuation with higher highs and higher lows defining the trend. The asset has resistance at $3.70, which, if breached, could cause more upward momentum. The market structure remains intact, with demand outpacing selling pressure, upholding the uptrend.
Breakout Potential and Price Targets
A recent assessment from Crypto General suggests a potential breakout for the token in the coming days. He highlights the significance of a descending trendline that previously restricted upward movement. A breakout above this resistance signals a shift in market sentiment, reinforcing a bullish bias.
Source: Crypto General
His insights project a target near $21, referencing past rejection points as critical levels. His analysis suggests that the price structure indicates an accumulation phase, with buying interest increasing after a prolonged downtrend. If the token sustains its upward momentum, price levels beyond $21.033 may establish new resistance zones.
Current market conditions reflect strengthening demand, aligning with historical patterns of bullish reversals. According to Crypto General, the continuation of this trend depends on maintaining key support levels while overcoming resistance barriers. Market participants remain engaged, with ongoing volume trends supporting the possibility of further upward movement.
