TIA Technical Analysis Feb 24

TIA is maintaining its downtrend structure with LH/LL patterns; BOS above the $0.3011 resistance is not expected. The $0.2693 support is critically important for a structure change.

Market Structure Overview

TIA’s current market structure indicates a clear downtrend. The price has been forming lower highs (LH) and lower lows (LL) recently, maintaining its bearish character. While the current price is positioned at the $0.29 level, showing a limited recovery with +%0.89 change over 24 hours, the overall structure remains under downward dominance. Failure to hold above EMA20 ($0.34) gives a short-term bearish signal. In multi-timeframe (MTF) analysis, a total of 9 strong levels were identified across 1D, 3D, and 1W charts: 2 supports/1 resistance on 1D, 2 supports/3 resistances on 3D, and 2 supports/1 resistance on 1W. This supports the medium-term downtrend. The Supertrend indicator is giving a bearish signal, with resistance concentrated at $0.38. Although RSI at 33.57 is approaching the oversold region, and MACD’s positive histogram indicates short-term divergence, it is not sufficient for structural change. The market is moving parallel to BTC’s downtrend, and a cautious approach is recommended for altcoins.

Trend Analysis: Uptrend or Downtrend?

Uptrend Signals

For an uptrend, a higher highs (HH) and higher lows (HL) structure is required. No such pattern has been observed in TIA recently; the price tested the $0.3011 swing high and was rejected. Although the potential bullish continuation target is $0.4475 (score:25/100), reaching this level first requires a close above $0.3011 and formation of a new HL. The positive MACD histogram supports short-term momentum, but the EMA structure and overall trend do not confirm it. The 24-hour range of $0.29-$0.31 shows consolidation, awaiting a volume-driven move above $0.31 for an upside breakout. However, under the current LH/LL dominance, bullish signals remain weak.

Downtrend Risk

The downtrend is confirmed with LH/LL: Recent swing lows at $0.2912 and $0.2693 (scores 70/100 and 71/100) show the price forming LL. The LH at $0.3011 (score 66/100) resistance has not been broken. This structure signals bearish continuation, with a bearish breakdown target of $0.1124 (score 22/100). Although RSI at 33.57 is oversold, a CHoCH (Change of Character) – i.e., bullish BOS – should be awaited for trend reversal. BTC’s downtrend (%-2.23 change) is adding pressure on TIA.

Break of Structure (BOS) Levels

Structure break (Break of Structure – BOS) is the key to trend change. For bearish BOS, a close below the $0.2693 swing low is required; this forms a new LL and opens the path to $0.1124. Bullish BOS requires a volume-driven break above the $0.3011 swing high – this invalidates the LH and triggers HL search. For stronger confirmation, monitor EMA20 at $0.34 and Supertrend resistance at $0.38. In MTF, the 3 resistance levels on the 3D timeframe make upside BOS difficult. BOS levels produce Change of Character (CHoCH) upon breaking swing points; in the current structure, bearish BOS appears more likely. Investors should use stop-loss against false breakouts.

Swing Points and Their Importance

Recent Swing Highs

The recent swing high at $0.3011 (score 66/100) confirms the bearish structure as LH. This level acts as short-term resistance; a breakout signals bullish BOS. Previous swing highs (near $0.31 range) were rejected, strengthening the LH pattern. Importance: Persistence above $0.3011 gives a trend reversal signal; staying below means downtrend continuation.

Recent Swing Lows

Recent swing lows at $0.2912 (70/100) and $0.2693 (71/100) are strong supports. The price at $0.29 is near $0.2912; a break confirms bearish BOS. These lows form the LL structure and indicate bottom-seeking. Importance: Holding produces HL, while a break opens new lows. The high support scores offer short-term bounce potential, but the overall trend is bearish.

Bitcoin Correlation

BTC is in a downtrend at $63,373 level (%-2.23); Supertrend bearish, supports at $62,931-$60,000-$49,685, resistances at $64,646-$66,693-$69,517. TIA is a highly correlated altcoin to BTC; BTC decline deepens TIA’s LH/LL. If BTC breaks below $62,931, TIA’s test of $0.2693 accelerates. BTC rebound (above $64,646) creates $0.3011 BOS opportunity for TIA. Rising BTC Dominance pressures altcoins – BTC levels are critical for TIA spot TIA Spot Analysis and futures TIA Futures Analysis.

Structural Outlook and Expectations

TIA is structurally bearish: LH/LL dominance, $0.3011 resistance, and position below EMA. Bearish scenario: BOS at $0.2693 targets $0.1124. Bullish scenario: BOS at $0.3011 seeks $0.4475, but low probability. Watch: Swing levels, MTF supports/resistances, and BTC correlation. Structure analysis shows probabilities – CHoCH required for reversal. Short-term consolidation, prepare for volatility. Long-term, excess resistances in MTF support downside. Risk management is essential; lack of news flow requires focus on technical structure. Overall, downtrend continuation dominates – wait for strong catalyst upward.