SHOULD WE CALL A SPADE A SPADE?

I've been having a nice time cooking up some ideas and some intriguing headlines. haha
Today being a Wednesday, Let's take a quick look at this wonderful alt that ran close to 800% within Q4'23 And Q1'24 and has been in a massive downtrend for months.

Do we see recovery soon? That's a question for the market to answer

Yes, you must have guessed right, My idea today is on #TIA.
Marked on my chart is a S/R level and also a trendline.

What's my bias? Downtown of course. By now you should know, I'm big on the trend, that's my closest friend. I'm keeping things neat and playing the game level to level.
If I'm going to be shorting #TIA, What's my plan?
TIA recently bounced close to a 80%, yes, that's what i like to see. Recovery/Pullbacks are a core part of trends. I'd however like to see it come closer into the marked region for a continuation down, just a simple trade.
How far down can we go? I can't see as far as we stick with the trend, it'd tell.

This is my opinion on #TIA. I'd love to know what you think.
Thank you for engaging my previous ideas. Have a wonderful trading week.