Celestia (TIA) has recorded a strong short-term rebound, gaining 26% in the past 24 hours. The price moved from a low near $0.92 – the 61.8% Fibonacci retracement level – to around $1.04. While this uptick signals renewed short-term interest, broader technical indicators suggest that the long-term outlook remains unchanged.
Celestia is still trading well below its volume-weighted average price (VWAP) of $1.39, and it remains more than 95% down from its all-time highs. The coin has been in a consistent downward trend for most of the year. On the yearly chart, the recent bounce appears small and does not yet indicate a confirmed trend reversal.
Key Technical Levels Ahead
The next resistance is located around $1.14, which aligns with the 50% Fibonacci retracement zone and the upper boundary of the Bollinger Bands. This price area could act as a short-term barrier. If the coin fails to break through this level, the move may lose momentum and retrace back toward $0.92 support.
Relative Strength Index (RSI) readings show neutral conditions. The RSI(14) stands at 51, while the more sensitive RSI(7) has moved up to 61. These values reflect growing pressure from short-term buyers but do not yet indicate clear overbought conditions.
Read also: Celestia Near All-Time Low, Faces Allegations of Insider Sales
Market Context and Activity
The volume profile during this move has not shown a major increase, suggesting that the current price action is not yet supported by large-scale market participation. The recovery is occurring within relatively limited liquidity, which may affect its sustainability.
Some institutional attention has returned, following the recent launch of the Bitwise Celestia Staking ETP on Euronext Paris. The product offers passive exposure to TIA and signals a degree of interest from regulated investment platforms. However, nearly a month after launch, this has not translated into a broader market shift so far.
Read also: Celestia (TIA) Struggles – From High Hopes to a 91% Crash
Summary
Despite recent short-term gains, Celestia remains in a long-term downtrend. The price is still well below key moving averages and previous support levels. Technical indicators highlight $1.14 as a key resistance zone, with $0.92 remaining the closest support. Without a confirmed break above resistance or a significant shift in volume, the overall trend continues to point downward.
