TIA USDT is well supported on the 4-hour chart currently with the price positioned above the demand zone and key supports. A break above may see a move towards supplying zones forming resistance. Near-term bias remains bullish as long as support holds.
Here is the technical analysis of TIA USDT based on the 4-hour chart:
The current price is 15.4075.
Immediate support levels are the 14.7366-14.2761 support zone 1 and 11.8118-11.4151 support zone 2.
Key demand zone exists between 12.7942-11.8924 which aligns with the 0.618 Fibonacci retracement level of 12.3956.
Volume profile shows the VAH at 13.9321, VAL at 11.8121 and point of control (POC) at 12.2984. This adds credibility to the demand zone.
Equal high liquidity exists at 11.8924 which coincides with the lower boundary of the demand zone.
Bullish wicks signal potential buying interest near 9.3616, 10.8202 and the POC at 12.2984.
Additional supports are provided by the 0.705 and 0.79 Fibonacci retracement levels.
Support and Resistance Levels
S / R Type
High
Low
Support Zone 1
14.7366
14.2761
Support Zone 2
11.8118
11.4151
Volume Profile
VAH
VAL
POC
13.9321
11.8121
12.2984
Liquidity
Equal Highs
Equal Lows
None
11.8924
Wick
Type
Low
Middle
High
Bullish
9.3616
10.8202
12.2984
Fibonacci Retracement Levels
0.618
12.3956
0.705
11.6954
0.79
11.0342
0.83
10.7035
Demand Zone
Zone Number
High
Low
Demand Zone
12.7942
11.8924
1 Hour Timeframe
Here is the technical analysis of TIA USDT based on the 1-hour chart:
Current price is trading at 15.4075 USDT.
Volume profile shows VAH at 16.3685, VAL at 15.2604 and POC at 15.6240.
Bearish wicks point to resistance near 16.9138, 17.1043 and 17.3034 levels.
Supply zone is forming between 16.4213-15.9918.
Fibonacci retracement resistance is near 15.5201 and support at 15.7452.
Fair value gap/imbalance zone exists from 15.9918-15.6732.
Immediate support lies at the 0.705 Fibonacci level of 15.7452.
Price is currently testing support within the demand zone formed by the volume profile, Fibonacci and fair value area. A bounce off these levels could see it move back within the supply zone. However, a break below 15.7452 support would be a early sign of weakness on this timeframe.