Key Observation
TIA has been in a prolonged downtrend, with a recent strong bounce from multi-month support (highlighted green).
Multiple supply zones (red) are stacked above, representing resistance.
Swing Short Context
Despite the bounce, the asset has a history of fakeouts and failed breakouts ("cursed asset").
A classic "10/10 top/bottom" pattern appears, suggesting a possible short-term top is forming.
However, a 3D bullish order block (OB) has been reclaimed on this candle.
Trigger Confirmation
If this 3D candle closes green and holds above the OB, momentum may flip bullish rapidly.
This reclaim would invalidate the bearish thesis and open up quick moves toward the next supply zones ($2.5–$3.5).
Bearish Alternative
If price fails to hold above the OB, or closes the candle red, the risk of a fakeout and move back to the lower support remains.
The downtrend line is a key resistance; rejection here can trigger another sweep of the lows ($1.56).
Swing Strategy
Short bias as long as price is below the OB and trendline, targeting a move back to $1.56–$1.92.
Flip to long/bullish bias only on a 3D close above the OB zone and trendline — this could trigger a rapid run to $2.5, $3.2, and higher.
Reasoning
The setup is a classic "pivot point" — either a breakdown from resistance for another leg down, or a confirmed breakout above the OB for a strong bullish reversal.
With stacked supply zones overhead, any breakout will likely see aggressive moves as shorts cover and new buyers chase.
Momentum traders should wait for the 3D close for confirmation.
TIA has been in a prolonged downtrend, with a recent strong bounce from multi-month support (highlighted green).Multiple supply zones (red) are stacked above, representing resistance.
Swing Short Context
Despite the bounce, the asset has a history of fakeouts and failed breakouts ("cursed asset").
A classic "10/10 top/bottom" pattern appears, suggesting a possible short-term top is forming.
However, a 3D bullish order block (OB) has been reclaimed on this candle.
Trigger Confirmation
If this 3D candle closes green and holds above the OB, momentum may flip bullish rapidly.
This reclaim would invalidate the bearish thesis and open up quick moves toward the next supply zones ($2.5–$3.5).
Bearish Alternative
If price fails to hold above the OB, or closes the candle red, the risk of a fakeout and move back to the lower support remains.
The downtrend line is a key resistance; rejection here can trigger another sweep of the lows ($1.56).
Swing Strategy
Short bias as long as price is below the OB and trendline, targeting a move back to $1.56–$1.92.
Flip to long/bullish bias only on a 3D close above the OB zone and trendline — this could trigger a rapid run to $2.5, $3.2, and higher.
Reasoning
The setup is a classic "pivot point" — either a breakdown from resistance for another leg down, or a confirmed breakout above the OB for a strong bullish reversal.
With stacked supply zones overhead, any breakout will likely see aggressive moves as shorts cover and new buyers chase.
Momentum traders should wait for the 3D close for confirmation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.