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Celestia (TIA) has been showing some interesting movements recently. From the 1-hour and 4-hour charts, the momentum is clearly waning. Although there was a slight rebound of less than 1% today, the overall structure remains trapped in a downtrend channel. The price is oscillating between 0.58 and 0.63, and each time it approaches around 0.65, it gets hit with large sell orders.
The issue is that the market is gradually losing confidence in TIA's tokenomics model. This could be an opportunity for shorting — when the price retraces to the support level at 0.55, it might be an entry point. Set a stop loss at 0.68; if the price successfully drops to around 0.605, using 20x leverage, the return could reach approximately 20%. If the downtrend continues, 0.52 is the next significant target. The leading position in the modular sector cannot be sustained, and a structural pullback has just begun.
Really, every time it drops violently at 0.65, the main force's tactics are just too boring.
Going 20x leverage to short like this, how strong must your heart be? I'll pass.