CandleFocus

Celestia (TIA) Price Soars on $100 Million Funding, but Correction Risks Loom

Celestia (TIA) has seen a 20% increase in price over the last three days, partly due to its $100 million funding round. The rise in perpetual futures volume indicates renewed interest and increased trading activity, although it remains lower than previous highs. The current RSI level suggests steady buying interest without being overbought, while the recent golden cross formation on the EMAs indicates bullish momentum. If the momentum continues, TIA could break through resistance levels and reach its highest price since July 2024. However, if momentum falters, the price could retest support levels and potentially decline further.

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