TIA Sell-Off Erases Most Of The $0.769 Spike, Tests $0.5696

Four-hour candles from Binance spot, with swing points, gaps and order blocks drawn in. Chart by Daniel Kiprop.

TIA has now handed back most of its mid-October spike. The Celestia token touched $0.769 on October 17, and on October 22 it traded as low as $0.5696. This TIA sell-off reads closed Binance candles only, with the last full four-hour candle ending at 04:00 UTC.

How the TIA sell-off built up

October 16 did the lifting. The daily candle opened at $0.5908, reached $0.7233 and closed at $0.6885 on about 60 million tokens. A day later price ran on to $0.7690, the high, but closed at $0.6466. That is a long upper wick on a daily chart.

Closes since then stepped down, apart from a small bounce on the 20th. By October 21 the daily close had slipped to $0.6002. Volume faded too, from about 42 million tokens on the 17th to under 18 million on the 21st. That cooling is part of the TIA sell-off.

Then came the latest four-hour candle. It opened at $0.6004 and closed at $0.5807 after a low of $0.5696, on about 4.2 million tokens. That close sits under $0.6062, the October 21 swing low, so the four-hour structure turned down.

What sits above and below price

Overhead there are two layers. A bearish four-hour gap covers $0.6076 to $0.6151. Above it a bearish order block reaches from $0.6120 to $0.6354, and the October 20 high at $0.6595 caps both.

Underneath, a bullish gap runs from $0.5432 to $0.5800. A bullish block from October 15 spans $0.5800 to $0.6204, and price is trading through it now. Beyond those, the prior month high at $0.5379 comes next, then $0.5041.

Daily and weekly charts still read up. Price sits just over the 20-day exponential average, near $0.564. The 50-day is far lower at $0.492. Bitcoin is above its 100-day average, and the coin is inside its 20-day range, about a quarter under the high.

TIA against Tether on the four-hour chart, read at 07:20 UTC on October 22. Source: TradingView, TIAUSDT on Binance.

Positioning behind the TIA sell-off

Binance's account ratio showed about 59% of accounts long at 07:00 UTC, and the last three funding prints were all slightly negative. That is a snapshot only. Celestia's Fibre upgrade went live on October 20, as covered in our Celestia v10 report, and TIA closed that day at $0.6245.

Two TIA paths from the 4h closes

Upside needs a four-hour close above $0.6151, the top of the bearish gap. That opens $0.6354 and then $0.6595. A four-hour close under $0.5696 cancels it.

Downside starts with a four-hour close below $0.5696, today's low. Next stops are $0.5432, the floor of the bullish gap, and then $0.5379. A four-hour close back above $0.5833 cancels that path.

We have no lean here. After a spike like this, the TIA sell-off can be a reset inside an uptrend or the start of a deeper retrace. Every level comes from closed Binance candles, and each is just a reference point.