A potential bullish reversal is indicated for TIA/USDT on the 4-hour chart, as the price forms an Inverse Head and Shoulders pattern. This pattern is considered a strong bullish signal, with a trendline providing support and preventing further declines.
Analysts believe that if the price breaks out above this pattern, it could reach a target of $10.07. Recent trading activity shows increased volume near the support level, suggesting that buyers are becoming more active. For the bullish scenario to hold, the price needs to stay above $6.35, and if resistance is successfully breached, a significant upward movement is expected.
Based on current trade details, an entry point around $6.70 is suggested, with a target price of $10.00 and a stop-loss strategy in place.