Technical analysis by ULYSSESTRADER about Symbol TIA: Buy recommendation (8/21/2025)

📝 Trade Setup Explanation Pair: TIA/USDT (Perpetual Swap on OKX) Timeframe: 2H (2-hour chart) Indicators/Tools Used: Fibonacci retracement, support/resistance levels, risk-to-reward (RR) box 📊 Technical Breakdown Fibonacci Levels: The chart shows a pullback near the 0.146 (1.687) level. Price is holding just above support around 1.66–1.68, which aligns with a key Fibonacci zone. Entry Zone: Current entry is marked around 1.682. This is just above a short-term support area, making it a logical long entry point. Stop Loss (Risk): Positioned at 1.563, slightly below the previous swing low and the 0 Fibonacci level (1.543). Protects against a deeper downside move. Take Profit (Reward): Targeting 1.941, which is close to the 0.382 retracement level (1.918). This aligns with a strong resistance zone. Risk-to-Reward Ratio: The setup offers about 1:2 RR, meaning the potential reward is roughly double the risk. 🎯 Trade Idea Bias: Bullish (Long) Entry: ~1.68 Stop Loss: ~1.56 Target: ~1.94 Reasoning: Price is consolidating near Fib support, presenting a potential bounce setup with favorable RR. 👉 This is a swing trade idea based on Fibonacci retracement and support/resistance confluence. Traders should monitor volume and confirmation candles before entering.