Celestia's (TIA) price has seen a sharp decline, dropping over 15% within 24 hours and almost 40% in the last 30 days. The market cap now stands at $2.2 billion. Technical indicators, including a recently formed death cross, suggest the potential for further downside. Despite holding key support at $4.54, the overall market sentiment remains negative, with sellers currently in control. The Average Directional Index (ADX) indicates a strengthening downtrend, while the directional indicators show a weakening of bullish momentum and a surge in bearish activity. The Ichimoku Cloud confirms a strong downtrend, with resistance overhead and no immediate reversal in sentiment. The recent formation of a death cross adds to the bearish momentum. If the critical support level at $4.54 is broken, the price could continue to decline towards $4.16. However, if TIA manages to recover and establish an uptrend, it could aim for resistance at $5.50.



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