To see the peak level of $21 again, it needs to increase approximately 60x from the current price. So, does such a decline make this product a bad project? I think no. Because the current market conditions have significantly pulled down many projects in a similar way. I still see $TIA as one of the best projects in the market. I don't know if it will reach its former peak with the market recovery, but I believe it is one of the projects that could experience a rapid rebound. Looking at the chart; If the downward trend from September, indicated by the blue dashed line, can be broken, we might see an initial wave of increase toward the $0.61 level. We’ll discuss the rest then. But if the upward movement continues, the levels marked on the chart can be followed as resistance zones in order. Keep watching patiently.
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#TIA
To see the peak level of $21 again, it needs to increase approximately 60x from the current price.
So, does such a decline make this product a bad project?
I think no.
Because the current market conditions have significantly pulled down many projects in a similar way.
I still see $TIA as one of the best projects in the market.
I don't know if it will reach its former peak with the market recovery, but I believe it is one of the projects that could experience a rapid rebound.
Looking at the chart;
If the downward trend from September, indicated by the blue dashed line, can be broken, we might see an initial wave of increase toward the $0.61 level.
We’ll discuss the rest then.
But if the upward movement continues, the levels marked on the chart can be followed as resistance zones in order.
Keep watching patiently.