The downside risks for TIA USDT remain based on the short term technical picture across timeframes. However, bounces from demand zones could offer sell opportunities. Price would need to break above 4 hour resistance levels to turn bullish.
4 Hour Timeframe
Support and Resistance Levels
As seen from the table above, the nearest support zone sits between $16.8135 – $16.4800. If price breaks below this level, we could see further selling pressure driving price lower toward the next support. On the upside, resistance lies above current price levels.
S / R Type | High | Low |
Support Zone 1 | 16.8135 | 16.4800 |
Fibonacci Retracement Levels
Examing the Fibonacci retracement levels, the first level of 0.382 sits at $17.6431. This level should now provide resistance on any bounce in the near term. Lower levels like 0.618 at $17.2777 could signal the downtrend is set to resume if broken.
0.382 | 17.6431 |
0.50 | 17.4618 |
0.618 | 17.2777 |
0.786 | 17.0182 |
0.882 | 16.8704 |
Demand Zone
A demand zone can be observed between $17.1499 – $16.6881. A bounce from this zone could present a buying opportunity on any pullbacks in this area.
Zone Number | High | Low |
Demand Zone 1 | 17.1499 | 16.6881 |
Fair Value Gaps / Imbalances
A potential bullish fair value gap zone sits from $17.2789 to the bottom of demand zone 1 at $17.1499. Price action in this zone will be important to watch.
Gap Number | High | Low |
Bullish FVG Zone 1 | 17.2789 | 17.1499 |
1 Hour Timeframe
Support and Resistance Levels
Key support for the 1 hour lies at $16.6861 – $16.8382. Resistance is seen above the current price.
S / R Type | High | Low |
Support Zone 1 | 16.8382 | 16.6861 |
Fibonacci Retracement Levels
The 0.382 level provides the nearest resistance at $17.9496 in the 1 hour timeframe.
0.382 | 17.9496 |
0.50 | 17.8606 |
0.618 | 17.7716 |
0.786 | 17.6463 |
0.882 | 17.5738 |
Demand Zone
Demand zone 1 identified between $17.8700 – $17.7021 could prove an area where buyers step in.
Zone Number | High | Low |
Demand Zone 1 | 17.8700 | 17.7021 |
Fair Value Gaps / Imbalances
A bullish fair value gap zone exists from $18.0200 to the bottom of 1 hour demand zone 1.
Gap Number | High | Low |
Bullish FVG Zone 1 | 18.0200 | 17.8700 |