Ashii

01/20 11:48

Celestia came under sharp pressure, sliding 13.55%

#Create Content for HTX and Win a Share of 1000U! #The Sichuanese "老子" Meme Taking Crypto by Storm Celestia came under sharp pressure, sliding 13.55% in the last 24 hours and clearly underperforming the broader market’s 2.54% decline, while extending its weekly losses to nearly 9%. Celestia’s sell-off reflected a sustained structural pressure rather than a sudden shock. On the 1-day timeframe, the Celestia [TIA] price plummeted after losing the 50% Fibonacci level at $0.527. Then it slipped below the 30-day SMA near $0.518. That break signaled trend continuation. Consequently, sellers pressed harder. Volume surged 132% to roughly $70 million, confirming distribution. Traders responded defensively. Short-term participants reduced exposure, while momentum traders added shorts on failed bounces. This behavior persisted for several sessions, reinforcing downside control. Meanwhile, RSI at 41.22 indicated weakening momentum rather than capitulation. As a result, bears now eye $0.473 as the next downside target. A loss there could expose the $0.45 zone. However, bulls need to reclaim the $0.505 spot first. A daily close above $0.527 would shift the structure and invite mean reversion toward $0.60. Until then, intent remains cautious. Liquidity favors reactive trades, not sustained accumulation. Looking at the timeframe, it seems like the market will stabilize before making a clear move, as participants await confirmation from volume and momentum signals. TIA’s price struggles despite easing unlock pressure Celestia’s recent price performance reflects lingering tokenomics pressure, although conditions have improved structurally. At genesis in 2023, inflation started near 8%. Since then, successive upgrades reduced issuance steadily. By late 2025, inflation had fallen close to 2.5%, marking a meaningful shift. Importantly, the largest supply shocks faded earlier. Major VC and early investor unlocks will be concluded by late 2025. At the beginning of 2026, the ci

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