Celestia: These signs reveal the reason for the high tia flows despite the fall of BTC star-news.press/wp

• TIA has benefited from the support of a descending channel that sparked previous counterattacks, making it a major level to watch it.
• Will this last explosion be sufficient to pay the price of Celestia to much higher?

Celestia has decreased by 11 % in the past 24 hours, as it has declined by the same opposite winds in the market that sent Bitcoin (BTC) from 106 thousand dollars to 102 thousand dollars.

Although increased geopolitical tensions, investors seemed to be treated as an opportunity to buy.

Is this another state of smart money entering, or poor reading of the weak direction?

The accumulation rises – what reaches investors?

TIA has witnessed a remarkable increase in accumulation over the past 24 hours, amid a continuous decline in the market.

according to Coinglass NetflowNearly $ 401,000 of TIA was purchased in this period, which prompted the total week to $ 6.94 million.

In fact, this represents the highest weekly flow in the distinctive symbol for more than three weeks.

This interest was not limited to immediate markets.

The weighted financing rate is open interest Positive is 0.0002 %, which indicates that merchants are still tending to climb despite the volatility.

If these metric trends are higher, this will reflect a long increasing condemnation among the derivative participants.

The accumulation is slowly gaining momentum

The indicators on the series supported the purchase thesis.

At the time of writing this report, the accumulation/distribution line (A/D) modestly increased to 39.85 million, indicating that more distinctive symbols are purchased more than selling them.

Of course, this builds a state of slow but fixed flow of demand.

Source: TradingView

This was also confirmed by the money flow index (MFI), which rose to 32.15.

Although it is still less than 50 marks, these height signals return to liquidity, and may put the theater for a more sustainable move.

Will you repeat the history of Taya?

Ambcrypto analysis showed that the current purchase pressure appeared just as TIA was trading at the main support level on the chart.

This support lies in the lower limits of the concession channel, which raised up on three previous occasions.

While the future outlook of this level remains optimistic, the Rendraction Fibonacci analysis reveals two main contracts on the way to the channel’s resistance.

Source: TradingView

The first resistance level is located at $ 1.606, followed by $ 1.732.

If TIA exceeds both levels of resistance, bulls may target $ 1.834, which implicitly means 30 % of the current prices.

After saying this, failure to go out may mean more side work until it builds the new momentum, especially if the liquidity cools again.