FxWirePro- TIAUSD (Chart of the day)

Celestia is a modular data availability (DA) network that securely scales with the number of users, making it easy for anyone to launch their blockchain.

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TIAUSD performed well in the past two days.

Any daily close above $7.25 confirms further bullishness.

TIAUSD gained more than 45% in the past three days. The pair holds well above the short-term (21 and 55 EMA) and long-term moving average. It hit a high of $6.20 and is currently trading around $6.05.

The bullish invalidation can happen if the pair closes below $4. On the lower side, the near-term support is $5.50. Any break below target $4.50/$4. Any violation below $4 targets $2.

The immediate resistance stands at around $7.20. Any breach above confirms bullish continuation. A jump to $9/$10/$12 is possible. A surge past $12 will take it to $16.

It is good to buy on dips around $5.50 with SL around $4 for TP of $12/$15.

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