Celestia (TIA) has found support at the lower boundary of its descending channel on the 3-day chart on Sunday, March 8.
The crypto analyst Profit Demon notes that the token is holding firm after recent declines, suggesting that buyers are stepping in at this key level. This stabilization could mark the beginning of a potential recovery phase in the near term.
Technical indicators show Celestia respecting the support zone, with price action signaling early signs of consolidation. Traders are watching closely, as a bounce from this level could spark renewed upward momentum.
Maintaining this floor is critical, as breaking below it might signal further downside, while a confirmed rebound could set the stage for a stronger bullish trend.
Source: Profit Demon X Post
Therefore, if the momentum increases, Celestia could potentially target resistance levels at $0.44, $0.72, $1.35, and $2.35.
Each level could be a potential step in the price recovery of the token. Investors need to observe the price closely to understand the transition from consolidation to a potential uptrend.
Also Read: Celestia (TIA) Nears $0.30 Support: Will Buyers Hold the Range Line?
According to TradingView, as of Sunday, March 8, the price is being compressed near the twenty-day moving average at $0.325. The Bollinger Bands are compressing, indicating a drop in volatility.
A drop in volatility is often the calm before the storm. Market players are keeping a keen eye on the $0.30 level as a possible breakdown. Celestia (TIA) is currently in a steady decline from the late 2025 highs.
Source: TradingView
The relative strength index is at 42.58, indicating bearish momentum that has recently calmed down into a neutral position. In other words, the heavy selling pressure experienced since February has taken a pause.
At the same time, the MACD indicator is showing a bullish crossover below zero, indicating a slight increase in its momentum despite the bearish trend.
The market sentiment appears to be confused, with candles remaining small and clumped together. A strong daily close above the $0.351 major upper Bollinger Band may signal a major trend change towards $0.380.
Conversely, a move below the $0.300 psychological level may lead to a retest of the $0.270 level. Volume remains the key indicator, which may soon confirm the major move.
Also Read: Celestia Eyes $3.20 After Latest Upgrade
