Celestia’s 3-Month Downtrend Continues as TIA Falls 10% Again – What’s Next?

Celestia's **TIA** token has been under significant selling pressure, extending its **3-month downtrend** with another **10% drop**. Here’s a breakdown of the key factors driving the decline and what could come next: ### **Why Is TIA Still Falling?** 1. **Broader Market Weakness** – Crypto markets remain bearish, with Bitcoin (BTC) struggling below key resistance levels, dragging altcoins like TIA lower. 2. **Loss of Key Support Levels** – TIA has broken below critical support zones (e.g., **$6.50–$7.00**), triggering further sell-offs. 3. **Reduced Staking Yields** – Earlier high staking rewards attracted demand, but as yields normalize, some investors may be exiting. 4. **Lack of Immediate Catalysts** – Unlike earlier hype around Celestia’s modular blockchain narrative, recent months have seen fewer major updates. ### **What’s Next for TIA?** - **Potential Scenarios:** - **Continued Downtrend**: If Bitcoin remains weak, TIA could test **$4.50–$5.00** (next major support). - **Short-Term Bounce**: Oversold conditions may lead to a relief rally, but resistance near **$6.50–$7.00** could cap gains. - **Long-Term Recovery**: If the modular blockchain narrative regains traction (e.g., new integrations, partnerships), TIA could rebound later in 2024. ### **Key Levels to Watch** - **Support:** - **$5.00** (psychological level & previous accumulation zone) - **$4.20** (2024 low) - **Resistance:** - **$6.50–$7.00** (former support, now resistance) - **$8.00+** (recovery signal if breached) ### **Should You Buy the Dip?** - **Risk:** If BTC drops further, TIA could see more downside. - **Opportunity:** If you believe in Celestia’s long-term tech, accumulating at **$5.00 or lower** could be strategic. ### **Conclusion** TIA’s downtrend remains intact, but extreme bearishness could lead to a reversal if broader market sentiment improves. Watch Bitcoin’s price action and Celestia’s ecosystem developments for clues on TIA’s next move. Would you like a deeper technical analysis or on-chain insights?