Celestia (TIA) Weekly Rally: Can the Surge Continue?

Celestia (TIA) Weekly Rally: Can the Surge Continue?

Celestia (TIA) is experiencing a bullish resurgence, marked by a notable price surge and renewed investor interest. After a prolonged period of decline, TIA has shown impressive gains, leaving many wondering if this rally has legs.

TIA's Bullish Momentum: A Deep Dive

TIA has recorded a notable 26% gain over the past week, ending its prolonged bearish trend. On July 7th, TIA surged by 12%, trading near $1.67. The jump in trading volume suggests strong bullish momentum and the potential for a sustainable rally.

Rising Open Interest Signals Bullish Divergence

Since late June, TIA's Futures market has shown a noticeable shift in sentiment, with a steady rise in Open Interest (OI) and a moderate price recovery. OI increased from $138 million to $198 million, the highest level since early June 2025. This combination of rising OI and price recovery points toward a bullish divergence, suggesting that traders are positioning for a potential trend reversal.

Traders Betting Big on Long Positions

Traders' strong confidence in long positions is fueling TIA's upward momentum. Traders have shown significantly more interest in long positions than short ones, supporting TIA's price increase and helping it break through a major resistance level. Binance data shows a Long/Short ratio of 2.03, with 67.03% of top traders betting on long positions.

Key Resistance Levels to Watch

TIA faces a key horizontal resistance level at $1.70. A breakout and daily candle close above this level could trigger a further rally, potentially pushing the price to $2.26. However, failure to hold the $1.344 support level could signal further weakness.

The Road Ahead for Celestia

The bullish story is starting to be supported by technical indicators. The RSI has increased to 49.71 and is on an upward trend since it was in oversold territory and is now getting closer to the neutral 50 mark. This momentum indicator indicates that buying pressure is accumulating, but has not yet indicated a clear bullish reversal.

The MACD histogram with green bars shows an increasing bullish momentum, and the golden cross on the MACD lines gives further evidence of the uptrend that is being formed.

Final Thoughts: Optimism with Caution

With improving technical indicators and social sentiment, Celestia presents a cautiously optimistic picture in the short term. However, traders should remain vigilant and monitor the overall market situation, which could influence this rebound effort. Will TIA continue its ascent? Only time will tell, but for now, the bulls are certainly having their moment in the sun!