Per a request, TIA is showing a strong reversal here after building support on a fib extension. This price level from Dec 2023 clearly poises a strong resistive area above it. I foresee a strong push to 16$ very soon. There is a lot of selling around 16.7$ though and this area presents a challenge. I bet a lot of this is token unlocks and staking. Sadly only 16% of the total supply is released. A perfect exit for insiders /early investors during a bull market. It is very easy to dump tokens on retail during these bullish trends. This is largely why I have avoided TIA.
-I do not see this as a top performer this cycle, although I would love to be proven wrong, I am partial to cosmos tokens.
-Short-term bullish
-Medium term I think the token struggles as early investors continue to dump tokens
-I do not see this as a top performer this cycle, although I would love to be proven wrong, I am partial to cosmos tokens.
-Short-term bullish
-Medium term I think the token struggles as early investors continue to dump tokens