TIAUSDT: Are We Headed for Another Major Move?

Yello, Paradisers! Are you ready for the next potential breakout? TIAUSDT has been making consistent higher highs and higher lows, but is this trend about to continue, or are we nearing a turning point? Let's break it down.

💎#TIAUSDT, Recently, we witnessed a break of structure (BoS), which signaled a continuation of the bullish trend. After reaching a new higher high, a retracement was expected, and the pair has pulled back to the 0.5 Fibonacci support level. Currently, it is hovering just above this key level.

💎The price is likely to push upwards toward two key resistance zones; The first at 6.502, which aligns with previous highs. The major resistance sits higher at 6.91.

💎There's also a bullish order block in play, yet to be mitigated, sitting near the 0.6180.66 Fibonacci retracement zone. If the price moves into this zone, we could expect some resistance again at these higher levels.

💎However, be cautious! The bullish thesis will be invalidated if we see a 4H candle close below 5.643. This level sits just beneath the order block and would signal a potential weakening of the pair.

Play it smart and stay patient Paradisers. Focus on the levels mentioned and be prepared for both opportunities and risks as we approach these critical areas. As always, discipline is key!

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