Celestia (TIA) Targets $11.96: Can Bullish Momentum Overcome Resistance?

TIA aims for $11.96 if it breaks through critical resistance, driven by bullish triangle pattern.

Key Statistics:

22.80% weekly gain.
3.45% decline in 24 hours.
Immediate resistance: $8.34.
Larger target: $11.96.
Support levels: $5.368, $4.886, $4.512.

Technical Analysis:

 Bullish triangle pattern.
- Resistance line breakout crucial.
- Potential bearish pressure.

Market Sentiment:

- Mixed sentiment.
- Open Interest: +5.45% ($248.39M).
- Open Interest Weighted Sentiment: Bullish (0.0453).
- Long liquidations: $1.67M (24 hours).
- Exchange Netflow: Influx of TIA into exchange wallets.

Outlook:

- Sustained bullish momentum needed.
- Breakout above resistance crucial.
- Potential for $11.96 target.

Celestia's bullish triangle pattern and growing Open Interest suggest potential for $11.96, but mixed market sentiment and potential bearish pressure warrant caution. A breakout above resistance is crucial for confirming the rally.