- TIA dropped 11% daily, extending its monthly decline to 8.49%, nearing symmetrical pattern support.
- Binance led futures volume at $240.37M; OKX ranked fourth. If volume grows, bullish momentum may intensify.
Bears have taken control of Celestia [TIA], causing an 11% price drop—an extension of the previous month’s selling pressure, which stood at 8.49%.
However, AMBCrypto analysis indicates a likely potential for a rally, as this selling pressure appears to be a calculated effort to push the asset into a high-demand zone.
What does a high-demand zone imply for TIA?
Analysis of TIA’s 1-day chart showed that the altcoin formed a symmetrical triangle. This pattern has, on several past occasions, led to market rallies when the price traded near the lower support line.
The recent price drop in TIA is driving it lower toward the support level of this pattern.
Source: TradingView
From this support level, TIA is expected to trade higher; however, a confirmed bullish move would require a break above the resistance level, leading it to a target of $4.16.
AMBCrypto also found confirmation that bears are gradually exiting the market, while bullish traders are beginning to step in.
Bulls and bears are exchanging positions
The Average Directional Index (ADX)—a tool used to determine the strength of a market trend—showed that the current trend is weakening. A declining ADX during a price drop often signals that sellers are losing steam.
Source: TradingView
Interestingly, bearish funding has reduced.
The Money Flow Index (MFI) dropped below 40, indicating oversold conditions.
With the MFI below 40—typically regarded as a selling region—this suggests that price movement may begin to slow as it approaches the support zone, where buy orders are likely concentrated.
Who are the bulls stepping in?
In fact, traders on Binance and OKX have begun stacking long positions.
Coinglass’s Long-to-Short Ratio—which tracks whether buying or selling volume is dominant—confirmed this shift in sentiment.
A high ratio above 1 indicates stronger buying volume, while a ratio below 1 suggests dominant selling.
At press time, the ratio stood at 2.7258 on Binance and 2.3800 on OKX—both well above 1.
Source: CoinGlass
Binance led in futures volume at $240.37 million, while OKX held fourth place with $44.11 million. Should OKX overtake MEXC and Bybit, TIA could gain further upside fuel from futures momentum.
TIA’s recent drop may seem steep, but it could be a calculated move to test strong support.
With bearish momentum fading, bullish futures positioning increasing, and technical patterns showing signs of reversal, buyers may gain control, provided trading volume backs the shift.
