Markets· ★★· bearish·

TIA Falls 7.89% on October 29, Testing Key Support

  • —TIA trades at $0.494 after a 7.89% daily decline
  • —Daily volume of $63.8M is 21.73% below the 30-day average
  • —Price holds above the $0.489 SMA-50 but below the $0.538 SMA-7
  • —RSI at 43.7 and a bearish MACD signal caution
Why it matters: Holding the 50-day SMA will determine whether the pullback stays a correction within a recovery or turns into a trend reversal.
Source: DiarioBitcoin