TIA: 40% Crash in Sight – What's Next?

TIA recently lost its strong $4 support, and that level is now acting as resistance. For the past two months, the price hasn’t been able to climb back above $4, leaving us with one burning question: Is more blood on the table?

• Broken Support: TIA has given up its $4 support, which now serves as resistance.
  
• Looking at November 2024: The low from November 2024 was around $1.9. Revisiting that level could provide us with a high-probability long trade.
  

Trade Setup Opportunity

• Entry Point: Set an alarm for the $1.9 low. A successful bounce here would signal a potential long trade opportunity.
  
• Target & Reward: With the goal of targeting the $3 level, this trade could offer a risk-to-reward ratio of at least 5:1.
  
• Implication: If the $1.9 level is revisited and holds, we could be looking at a scenario with roughly 40% more downside in the current trend—but also a setup for a low-risk long if the bounce holds.